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. The company appears to be undervalued, particularly when considering its P/E ratio of 14, which is lower than the peer average of approximately 14.32 for similar institutions. Additionally, the Price to Book Value stands at 1.26, and the EV to EBITDA ratio is 6.56, both suggesting that the stock may be trading at a discount compared to its peers.
In comparison to notable peers, Hancock Whitney Corp. has a P/E of 12.21, while Ameris Bancorp shows a P/E of 13.35, both of which support the notion that First Hawaiian, Inc. is competitively positioned. Despite some recent volatility, the company's stock returned 6.67% over the past week, significantly outperforming the S&P 500's 1.92% return, reinforcing the attractiveness of its current valuation.