Is HBT Financial, Inc. overvalued or undervalued?

As of 31 October 2025, the valuation grade for HBT Financial, Inc. moved from attractive to very attractive. The company appears to be undervalued, with a P/E ratio of 10, significantly lower than the industry average, and an EV to EBITDA ratio of 6.03, indicating a favorable valuation compared to its earnings potential. Additionally, the PEG ratio stands at 1.74, suggesting that the stock is reasonably priced relative to its growth rate.
In comparison to peers, HBT Financial, Inc. has a lower P/E ratio than Banc of California, Inc., which has a P/E of 18.08, and is also more attractive than Coastal Financial Corp., which is considered very expensive with a P/E of 35.43. While the stock has underperformed the S&P 500 in the short term, with a 1-year return of 9.70% compared to the S&P 500's 19.89%, it shows a solid long-term return of 90.06% over the past five years, indicating potential for future growth.