Is BayCom Corp. overvalued or undervalued?

As of 7 July 2025, the valuation grade for BayCom Corp. has moved from expensive to fair, indicating a shift towards a more attractive investment perspective. The company appears fairly valued based on its P/E ratio of 13, a price-to-book value of 0.89, and an EV to EBITDA ratio of 2.60. Comparatively, peers such as Unity Bancorp, Inc. have a P/E of 11.21, while Bridgewater Bancshares, Inc. stands at 11.97, suggesting that BayCom Corp. is positioned competitively within its industry.
In terms of recent performance, BayCom Corp. has outperformed the S&P 500 over various periods, with a year-to-date return of 14.64% compared to the S&P 500's 12.22%. This performance, alongside a solid ROCE of 24.18%, reinforces the notion that the stock is fairly valued at its current price of 30.77.