Is Glen Burnie Bancorp overvalued or undervalued?

As of 18 June 2025, Glen Burnie Bancorp's valuation grade has moved from very expensive to expensive, indicating a slight improvement in its perceived value. The company is currently considered overvalued. Key ratios include a P/E ratio of 14, a Price to Book Value of 0.75, and a negative EV to EBIT of -9.62, which raises concerns about its profitability and financial health.
In comparison to its peers, Glen Burnie Bancorp's P/E ratio of 14 is higher than that of First US Bancshares, Inc. at 11.75 and Bank of the James Financial Group, Inc. at 9.45, both of which are categorized as fair. Additionally, the company's recent stock performance shows a year-to-date decline of 19.66%, contrasting sharply with the S&P 500's gain of 2.44% in the same period, further supporting the notion that it is overvalued in the current market context.