Is First Bank (Hamilton, New Jersey) overvalued or undervalued?

As of 22 April 2025, the valuation grade for First Bank (Hamilton, New Jersey) has moved from attractive to fair. The company appears to be fairly valued at this time. Key valuation ratios include a P/E ratio of 10, a Price to Book Value of 0.95, and an EV to EBITDA of 7.23. In comparison to its peers, Guaranty Bancshares, Inc. has a higher P/E ratio of 18.33, while Peoples Financial Services Corp. shows a lower PEG ratio of 0.14.
In terms of stock performance, First Bank has returned 20.47% year-to-date, outperforming the S&P 500's return of 12.22% in the same period, indicating a relatively strong performance despite its fair valuation.