Is Chemung Financial Corp. overvalued or undervalued?

As of 17 July 2025, Chemung Financial Corp. has moved from fair to expensive in its valuation grade. The company is currently overvalued based on its valuation ratios, which include a P/E ratio of 11, a Price to Book Value of 1.11, and an EV to EBITDA of 8.98. In comparison to peers, Bank7 Corp. has a P/E ratio of 10.50, while Parke Bancorp, Inc. stands out with a very attractive valuation at an EV to EBITDA of 8.89.
The stock has underperformed against the S&P 500 over the longer term, with a 3-year return of 27.60% compared to the S&P 500's 70.41%, and a 5-year return of 77.94% versus 96.61%. This suggests that despite the recent price movements, Chemung Financial Corp. may not be a compelling investment at its current valuation.