Is City Holding Co. overvalued or undervalued?

As of 31 October 2025, the valuation grade for City Holding Co. moved from expensive to fair, indicating a more favorable assessment of its market position. The company appears fairly valued based on its current metrics. Key ratios include a P/E ratio of 18, a Price to Book Value of 2.86, and an EV to EBITDA of 15.39.
In comparison to peers, City Holding Co. has a P/E ratio of 19.57, which is higher than Axos Financial, Inc. at 13.92, but lower than Associated Banc-Corp at 33.17. The company's return over the past year of 1.10% significantly lags behind the S&P 500's return of 19.89%, and while its 3-year return of 16.89% is better than the S&P's 76.66%, it still suggests room for improvement in performance relative to the broader market.