Is CNB Financial Corp. (Pennsylvania) overvalued or undervalued?

As of 31 October 2025, the valuation grade for CNB Financial Corp. (Pennsylvania) has moved from fair to expensive, indicating a shift towards overvaluation. The company appears overvalued based on its current metrics, with a P/E ratio of 9, a Price to Book Value of 0.74, and an EV to EBIT of 0.12. In comparison to peers, Central Pacific Financial Corp. has a P/E of 13.75, while Camden National Corp. stands at 11.68, both suggesting that CNB Financial is trading at a discount relative to its industry counterparts.
The stock's recent performance further supports this valuation narrative, as it has underperformed against the S&P 500 across multiple time frames, including a year-to-date return of -1.61% compared to the S&P 500's 16.30%. Overall, these factors suggest that CNB Financial Corp. is currently overvalued in the market.