Is Cullman Bancorp, Inc. overvalued or undervalued?

As of 17 October 2025, the valuation grade for Cullman Bancorp, Inc. has moved from very expensive to expensive, indicating a slight improvement in its valuation outlook. The company appears to be overvalued based on its current metrics, including a P/E ratio of 21, an EV to EBITDA of 23.21, and a Price to Book Value of 0.79. In comparison to peers, BV Financial, Inc. has a fair valuation with a P/E of 15.53, while First Capital, Inc. is considered attractive with a P/E of 12.46.
Despite some recent positive stock performance, with a year-to-date return of 20.17% compared to the S&P 500's 13.30%, the long-term outlook remains concerning, particularly with a 5-year return of -48.89% against the S&P 500's 91.29%. This suggests that while there may be short-term gains, the overall valuation does not support a sustainable investment case at current levels.