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

As of 24 October 2025, the valuation grade for Capital Bancorp, Inc. (Maryland) has moved from attractive to very attractive, indicating a strong improvement in its valuation outlook. The company appears to be undervalued, supported by a P/E ratio of 13, a Price to Book Value of 1.42, and an EV to EBITDA ratio of 5.14, which are favorable compared to its peers. For instance, First Financial Corp. (Indiana) has a higher P/E ratio of 14.27, while Farmers National Banc Corp. is also very attractive with a P/E of 11.62.
In terms of performance, Capital Bancorp has outperformed the S&P 500 over the past year, returning 21.50% compared to the index's 16.90%, although it has lagged over the longer three-year and ten-year periods. Overall, the combination of strong valuation ratios and recent stock performance suggests that Capital Bancorp is well-positioned in the market.