Is Esquire Financial Holdings, Inc. overvalued or undervalued?

As of 17 October 2025, the valuation grade for Esquire Financial Holdings, Inc. 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 17, a Price to Book Value of 3.05, and an EV to EBITDA of 9.79. In comparison to peers, Nicolet Bankshares, Inc. has a P/E ratio of 15.08, while Hope Bancorp, Inc. stands at 25.82, highlighting that Esquire's valuation is relatively high within its industry.
Despite the high valuation, Esquire has demonstrated strong performance with a year-to-date return of 25.64%, significantly outperforming the S&P 500's return of 13.30% over the same period. However, the overall valuation metrics suggest that the stock may not be a compelling investment at its current price of 99.88.