Is Northwest Bancshares, Inc. (Pennsylvania) overvalued or undervalued?

As of 9 November 2018, the valuation grade for Northwest Bancshares, Inc. has moved from fair to very attractive, indicating a significant improvement in its valuation outlook. The company is currently considered undervalued. Key ratios include a P/E ratio of 13, a Price to Book Value of 0.97, and an EV to EBITDA of 10.03, which suggest that the stock is trading below its intrinsic value compared to its earnings and book value.
In comparison to its peers, Northwest Bancshares has a more favorable P/E ratio than OceanFirst Financial Corp. at 10.75 and Brookline Bancorp, Inc. at 12.51, while also outperforming Provident Financial Services, Inc. with a P/E of 11.44. The company's dividend yield of 64.29% is notably high, further enhancing its attractiveness to investors. Despite a year-to-date return of -5.00%, the one-year return of 15.06% outpaces the S&P 500's 10.26%, reinforcing the potential for future growth.