Is Old Point Financial Corp. overvalued or undervalued?

As of 15 October 2023, Old Point Financial Corp. has moved from fair to attractive based on recent analysis. The company is currently undervalued, presenting a compelling investment opportunity. Key ratios include a price-to-earnings (P/E) ratio of 12.5, a price-to-book (P/B) ratio of 1.1, and a return on equity (ROE) of 10%.
When compared to peers such as TowneBank with a P/E of 14.0 and Atlantic Union Bankshares with a P/B of 1.5, Old Point Financial Corp. shows a more favorable valuation. This suggests that the market has not fully recognized the company's potential, which is further underscored by its recent stock performance relative to the Sensex, indicating a positive outlook for future growth.