Is Glen Burnie Bancorp overvalued or undervalued?

As of 7 May 2025, the valuation grade for Glen Burnie Bancorp has moved from risky to expensive, indicating a shift towards overvaluation. The company appears overvalued based on its key ratios, including a P/E ratio of 14, a price-to-book value of 0.75, and an EV to EBITDA of -9.62. In comparison to peers, Glen Burnie Bancorp's P/E ratio is higher than that of Bank of the James Financial Group, which stands at 9.81, and lower than Pathfinder Bancorp, which has a significantly higher P/E of 32.29.
Despite a strong one-week return of 5.38% compared to the S&P 500's 1.05%, Glen Burnie Bancorp has underperformed over longer periods, with a year-to-date return of -20.94% versus the S&P 500's 12.22%. This trend reinforces the view that the stock is currently overvalued in light of its financial metrics and relative performance against peers.