Is Carter Bankshares, Inc. overvalued or undervalued?

As of 17 October 2025, the valuation grade for Carter Bankshares, Inc. has moved from fair to attractive, indicating a more favorable assessment of its value. The company appears to be undervalued, particularly when considering its P/E ratio of 14, which is lower than the peer average, and a PEG ratio of 0.13, suggesting strong growth potential relative to its price. Additionally, the Price to Book Value stands at 0.95, further supporting the notion of undervaluation.
In comparison to its peers, Carter Bankshares, Inc. has a P/E ratio that is more favorable than Guaranty Bancshares, Inc. at 18.33 and MidWestOne Financial Group, Inc. at -12.07. Despite recent underperformance with a 1-year return of -2.71% compared to the S&P 500's 14.08%, the 5-year return of 158.17% indicates significant long-term value creation. Overall, the current metrics suggest that Carter Bankshares, Inc. is positioned attractively within the regional banks sector.