Is Chemung Financial Corp. overvalued or undervalued?

As of 10 October 2025, the valuation grade for Chemung Financial Corp. has moved from very expensive to expensive. Based on the current metrics, the company appears to be overvalued. The P/E ratio stands at 11, while the Price to Book Value is 1.11, and the EV to EBITDA ratio is 8.98.
In comparison to its peers, Bank7 Corp. has a P/E ratio of 10.50, and Bankwell Financial Group, Inc. has a P/E ratio of 17.22, indicating that Chemung is trading at a higher valuation relative to some of its competitors. Furthermore, the company's recent stock performance has lagged behind the S&P 500, with a 1-year return of 6.91% compared to the S&P 500's 13.36%, reinforcing the notion that Chemung Financial Corp. may be overvalued in the current market.