Is Hingham Institution for Savings overvalued or undervalued?

As of 10 July 2025, the valuation grade for Hingham Institution for Savings has moved from expensive to fair. Based on the current metrics, the company appears fairly valued. Key ratios include a P/E ratio of 18, a Price to Book Value of 1.15, and a PEG Ratio of 1.33. In comparison, TrustCo Bank Corp. NY has a P/E of 14.54, while Southern Missouri Bancorp, Inc. boasts a very attractive P/E of 11.64, indicating that Hingham is on par with some peers but not the most attractive option in the sector.
In terms of recent performance, Hingham Institution for Savings has returned 15.76% over the past year, slightly underperforming the S&P 500's 17.14% return, and has shown a significant 53.69% return over the past five years, though this is still behind the S&P 500's impressive 96.61% return in the same period. This performance suggests a cautious outlook despite the fair valuation.