Is First Hawaiian, Inc. overvalued or undervalued?

As of 7 November 2025, the valuation grade for First Hawaiian, Inc. moved from fair to attractive, indicating a positive shift in its perceived value. The company appears to be undervalued, with a P/E ratio of 14, which is slightly below the peer average of 14.32 for similar institutions. Additionally, its Price to Book Value stands at 1.26, while the EV to EBITDA ratio is 6.56, both suggesting a favorable valuation compared to its peers.
In the peer comparison, Hancock Whitney Corp. has a more attractive P/E of 12.21, while Ameris Bancorp shows a P/E of 13.35, reinforcing the notion that First Hawaiian, Inc. is competitively priced within its industry. Despite recent stock performance showing a year-to-date return of -4.47% compared to the S&P 500's 14.40%, the long-term outlook remains positive with a 5-year return of 43.29%, indicating potential for recovery and growth.