Is C&F Financial Corp. overvalued or undervalued?

As of 19 April 2024, C&F Financial Corp. has moved from an attractive to a fair valuation grade. The company is currently fairly valued based on its financial metrics. Key ratios include a P/E ratio of 10, a Price to Book Value of 0.90, and an EV to EBITDA of 8.14, which suggest that the stock is reasonably priced relative to its earnings and assets.
In comparison to its peers, C&F Financial Corp. has a P/E ratio that is higher than Bank7 Corp. at 8.01 but lower than Southern States Bancshares, Inc. at 9.13, indicating a competitive position within the industry. The PEG ratio of 0.91 also suggests potential for growth relative to its price. Notably, the company's recent stock performance has lagged behind the S&P 500, with a year-to-date return of -17.40% compared to the index's 2.44%, reinforcing the notion that the stock is fairly valued at this time.