Is IF Bancorp, Inc. overvalued or undervalued?

As of 11 August 2025, the valuation grade for IF Bancorp, Inc. moved from expensive to fair. The company is currently fairly valued, with a P/E ratio of 26, a Price to Book Value of 1.09, and a PEG Ratio of 0.38. In comparison to peers, First Capital, Inc. has a more attractive P/E of 12.46, while CF Bankshares, Inc. also shows a fair valuation with a P/E of 10.00.
Despite its fair valuation, IF Bancorp, Inc. has shown strong recent performance, with a 1-year return of 40.85%, significantly outpacing the S&P 500's return of 17.14% over the same period. This performance suggests that the stock may be appealing to investors looking for growth within a fairly valued framework.