Is John Marshall Bancorp, Inc. overvalued or undervalued?

As of 26 December 2024, the valuation grade for John Marshall Bancorp, Inc. has moved from expensive to fair. The company is currently fairly valued based on its financial metrics. The P/E ratio stands at 14, which is in line with the industry average, while the EV to EBITDA ratio is 6.99, indicating a reasonable valuation relative to earnings. Additionally, the PEG ratio is exceptionally low at 0.03, suggesting that the stock may be undervalued in terms of growth potential.
In comparison to its peers, John Marshall Bancorp, Inc. has a P/E ratio of 13.99, which is higher than ACNB Corp.'s 12.72 but lower than Carter Bankshares, Inc.'s attractive valuation at 13.82. The company's return on capital employed (ROCE) is a solid 13.66%, reflecting efficient use of capital. While the stock has underperformed the S&P 500 year-to-date with a return of -8.32%, it has shown a positive one-year return of 11.91%, which is better than the S&P's 10.26%. Overall, the company appears to be fairly valued in the current market context.