Is CSB Bank overvalued or undervalued?

As of 2 April 2025, CSB Bank's valuation grade has moved from very attractive to fair. The company appears to be fairly valued at this time. Key ratios include a PE ratio of 10.89, a Price to Book Value of 1.44, and a PEG ratio of 2.29, which suggest a moderate valuation relative to its earnings growth prospects.
When compared to peers, CSB Bank's PE ratio of 10.89 is competitive, though it may not stand out significantly against other banks in the sector. For instance, if we consider similar institutions, they may exhibit varying PE ratios which could highlight CSB's positioning. Notably, CSB Bank has shown strong performance with a 1-year stock return of 11.82%, outperforming the Sensex's return of 7.57% in the same period, indicating a positive market sentiment towards the bank.