Is First Hawaiian, Inc. overvalued or undervalued?

As of 24 October 2025, the valuation grade for First Hawaiian, Inc. moved from fair to attractive, indicating a more favorable assessment of its stock. The company appears to be undervalued compared to its peers, with a P/E ratio of 14, a Price to Book Value of 1.26, and an EV to EBITDA of 6.56. In comparison, Hancock Whitney Corp. has a lower P/E of 12.21, while Ameris Bancorp stands at 13.35, suggesting that First Hawaiian may offer a better value proposition within the regional banks sector.
Despite some recent underperformance, particularly in the year-to-date and three-year periods, where it returned -4.51% and -4.98% respectively, First Hawaiian's five-year return of 39.37% contrasts sharply with the S&P 500's 95.99%, highlighting potential for recovery. Overall, the stock's current valuation metrics and improved grade suggest it is positioned for growth relative to its peers.