Is Capital Bancorp, Inc. (Maryland) overvalued or undervalued?

As of 3 October 2025, the valuation grade for Capital Bancorp, Inc. (Maryland) has moved from very attractive to attractive, indicating a slight decline in perceived value. The company appears to be fairly valued at this time. Key valuation ratios include a P/E ratio of 13, a Price to Book Value of 1.42, and an EV to EBITDA of 5.14. In comparison, First Financial Corp. (Indiana) has a P/E of 14.27, while Alerus Financial Corp. has a P/E of 13.80, suggesting that Capital Bancorp is competitively priced within its peer group.
Despite its recent stock performance, which has lagged behind the S&P 500 over the past week and month, the company has shown a solid year-to-date return of 6.49%, compared to the S&P 500's 14.18%. Over the longer term, however, Capital Bancorp has outperformed the S&P 500 significantly over the past five years with a return of 215.82% versus 100.56% for the index.