Is Central Plains Bancshares, Inc. overvalued or undervalued?

As of 22 April 2025, the valuation grade for Central Plains Bancshares, Inc. has moved from expensive to fair. The company is currently fairly valued based on its financial metrics. The P/E ratio stands at 17, while the Price to Book Value is notably low at 0.77, indicating potential undervaluation compared to its book value. Additionally, the EV to EBITDA ratio is 12.02, which aligns closely with industry standards.
In comparison to its peers, Central Plains Bancshares, Inc. has a P/E ratio of 17, while a comparable company shows a P/E of approximately 16.97, suggesting that Central Plains is fairly positioned within its competitive landscape. The company's recent stock performance has outpaced the S&P 500 over the past year, with a return of 48.42% compared to the S&P 500's 10.26%, reinforcing the notion of its fair valuation amidst a positive market response.