Is Esquire Financial Holdings, Inc. overvalued or undervalued?

As of 3 October 2025, the valuation grade for Esquire Financial Holdings, Inc. has moved from fair to very expensive, indicating a shift towards overvaluation. The company appears overvalued based on its current metrics, including a P/E ratio of 17, a Price to Book Value of 3.05, and an EV to EBITDA of 9.79. In comparison to peers, Esquire's P/E ratio is higher than Nicolet Bankshares, Inc. at 15.08 and QCR Holdings, Inc. at 11.63, suggesting that it is priced at a premium relative to these competitors.
Despite the high valuation, Esquire has demonstrated strong performance with a year-to-date return of 26.91%, significantly outpacing the S&P 500's 14.18% during the same period. However, the stock's recent one-week return of -2.59% contrasts with the S&P 500's positive return of 1.09%, indicating potential short-term volatility. Overall, the combination of high valuation ratios and the recent performance trends suggest that Esquire Financial Holdings, Inc. is overvalued.