Is NB Bancorp, Inc. overvalued or undervalued?

As of 22 April 2025, the valuation grade for NB Bancorp, Inc. moved from fair to attractive, indicating a positive shift in its investment appeal. The company appears undervalued, supported by a P/E ratio of 14, a price to book value of 0.88, and an EV to EBITDA ratio of 5.94. In comparison, a peer like NB Bancorp, Inc. has a higher P/E ratio of approximately 14.51, suggesting that NB Bancorp may offer better value relative to its peers.
In terms of recent performance, NB Bancorp has outperformed the S&P 500 over the past week and month, with returns of 1.12% and 4.58%, respectively, compared to 1.05% and 2.33% for the index. This performance reinforces the attractiveness of the stock, especially in light of its favorable valuation metrics.