Is CNB Financial Corp. (Pennsylvania) overvalued or undervalued?
As of July 19, 2022, CNB Financial Corp. is fairly valued with a P/E ratio of 9, a Price to Book Value of 0.74, and an ROE of 8.70%, aligning closely with peers like Independent Bank Corp. and Central Pacific Financial Corp. without significant undervaluation or overvaluation.
As of 19 July 2022, CNB Financial Corp. (Pennsylvania) moved from an attractive to a fair valuation grade. The company is currently fairly valued. Key ratios include a P/E ratio of 9, a Price to Book Value of 0.74, and a ROE of 8.70%. In comparison to peers, Independent Bank Corp. (Michigan) has a P/E of 9.42, while Central Pacific Financial Corp. is considered expensive with a P/E of 11.97. Despite a recent stock performance that outpaced the S&P 500 over the past year, the overall valuation suggests that CNB Financial is aligned with its peers, indicating no significant undervaluation or overvaluation at this time.
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