Is Central Plains Bancshares, Inc. overvalued or undervalued?

As of 7 July 2025, the valuation grade for Central Plains Bancshares, Inc. moved from expensive to fair. The company appears fairly valued based on its current metrics. Key ratios include a P/E ratio of 17, a price to book value of 0.77, and an EV to EBITDA of 12.02. Compared to its peer, Central Plains Bancshares has a lower P/E ratio than the peer average of 18.255, indicating a more attractive valuation relative to its competition.
In terms of recent performance, the stock has returned 35.17% over the past year, significantly outperforming the S&P 500's return of 17.14%, which reinforces the notion that the stock is fairly valued given its strong performance relative to the broader market.