Is ECB Bancorp, Inc. overvalued or undervalued?

As of 28 November 2025, the valuation grade for ECB Bancorp, Inc. has moved from very attractive to attractive. The company appears to be overvalued based on its current metrics. The P/E ratio stands at 31, significantly higher than the peer average of approximately 28.07, while the Price to Book Value is at 0.85, indicating a potential overvaluation compared to its book value. Additionally, the EV to EBITDA ratio of 35.00 suggests that the market may be pricing the company too high relative to its earnings before interest, taxes, depreciation, and amortization.
In comparison to its peers, LINKBANCORP, Inc. has a much lower P/E ratio of 7.19, and FinWise Bancorp shows a P/E of 20.49, both indicating that ECB Bancorp may be priced at a premium. Despite a strong 1-month return of 11.18% compared to a decline of 0.61% in the S&P 500, the 3-year return of 3.88% starkly contrasts with the S&P 500's 72.78%, reinforcing the notion that ECB Bancorp is not keeping pace with broader market performance.