Is Carter Bankshares, Inc. overvalued or undervalued?

As of 17 October 2025, the valuation grade for Carter Bankshares, Inc. moved from fair to attractive, indicating a more favorable assessment of its value. The company appears to be undervalued, supported by a P/E ratio of 14, a Price to Book Value of 0.95, and an EV to EBITDA of 9.46. In comparison to peers, Guaranty Bancshares, Inc. has a higher P/E of 18.33, while Peoples Financial Services Corp. boasts a PEG ratio of 0.1382, highlighting Carter's relative attractiveness in the market.
Despite recent underperformance against the S&P 500, with a 1-year return of -2.71% compared to the index's 14.08%, the long-term outlook remains strong, as evidenced by a remarkable 5-year return of 158.17%. This suggests that while short-term fluctuations may pose challenges, the company's fundamentals and valuation metrics indicate it is positioned for potential growth.