Is HBT Financial, Inc. overvalued or undervalued?

As of 21 November 2025, the valuation grade for HBT Financial, Inc. moved from attractive to very attractive. The company appears undervalued, particularly when considering its P/E ratio of 10, which is significantly lower than its peers, such as Banc of California, Inc. with a P/E of 18.08 and Coastal Financial Corp. at 35.43. Additionally, HBT Financial's price to book value stands at 1.32, and its EV to EBITDA ratio is 6.03, indicating strong value relative to its earnings potential.
In terms of performance, HBT Financial has shown a year-to-date return of 8.90%, which lags behind the S&P 500's 12.26% return, but over the last five years, it has achieved a return of 76.67%, though this is still below the S&P 500's impressive 85.61%. Overall, HBT Financial's valuation metrics suggest it is positioned favorably compared to its peers, reinforcing the notion that it is undervalued in the current market.