Is CF Bankshares, Inc. overvalued or undervalued?

As of 15 October 2023, CF Bankshares, Inc. has moved from fair to attractive. The company is currently undervalued based on its financial metrics. Key ratios include a price-to-earnings ratio of 10.5, a return on equity of 12.3%, and a debt-to-equity ratio of 0.45.
In comparison to its peers, First Financial Bancorp shows a price-to-earnings ratio of 12.8, while Old National Bancorp has a return on equity of 10.5%. These comparisons suggest that CF Bankshares, Inc. is positioned favorably within its sector. Additionally, the stock has outperformed the Sensex recently, reinforcing the notion of its undervaluation.