Is First Guaranty Bancshares, Inc. overvalued or undervalued?

As of 18 March 2025, the valuation grade for First Guaranty Bancshares, Inc. has moved from attractive to fair. The company appears to be overvalued given its current P/E ratio of 29, which significantly exceeds the industry average. Additionally, the Price to Book Value stands at 0.45, while the EV to Capital Employed is at 1.78, indicating potential inefficiencies in capital utilization.
In comparison to its peers, First Guaranty Bancshares is positioned unfavorably against companies like Penns Woods Bancorp, which has a P/E of 10.14 and is considered attractive, and ChoiceOne Financial Services, which is deemed expensive with a P/E of 16.34. Furthermore, the company's recent stock performance has lagged behind the S&P 500, with a year-to-date return of -27.99% compared to the S&P 500's 2.44%. Overall, First Guaranty Bancshares appears to be overvalued in the current market context.