Is Berkshire Hills Bancorp, Inc. overvalued or undervalued?

As of 24 April 2025, the valuation grade for Berkshire Hills Bancorp, Inc. has moved from expensive to fair. The company is currently fairly valued based on its financial metrics. Key ratios include a P/E ratio of 11, a Price to Book Value of 1.04, and an EV to EBIT of 8.47.
In comparison to peers, Berkshire Hills Bancorp's P/E ratio of 11 is lower than First Busey Corp. at 35.65, indicating that it is more attractively priced relative to earnings. Additionally, it is on par with S&T Bancorp, Inc., which has a P/E of 10.83, reinforcing the fair valuation. Notably, the company has a PEG ratio of 0.05, suggesting strong growth potential relative to its price. While Berkshire Hills has underperformed the S&P 500 year-to-date with a return of -13.40% compared to the index's 2.44%, its one-year return of 15.97% outpaces the S&P 500's 10.26%, indicating potential for recovery.