Is Chemung Financial Corp. overvalued or undervalued?

As of 17 October 2025, the valuation grade for Chemung Financial Corp. moved from very expensive to expensive. This indicates a shift towards a less severe overvaluation, yet the company remains expensive relative to its peers. The stock is considered overvalued based on its P/E ratio of 11, which is significantly lower than the peer average of 25.61, and an EV to EBITDA ratio of 8.98, which also suggests a premium compared to many competitors.
In comparison with its peers, Bank7 Corp. has a more attractive P/E ratio of 10.50, while Bankwell Financial Group, Inc. is also expensive at 17.22. The company’s recent performance shows a YTD return of 2.52%, which lags behind the S&P 500's return of 13.30% over the same period, reinforcing the notion that Chemung Financial Corp. is currently overvalued.