Is OptimumBank Holdings, Inc. overvalued or undervalued?

As of 15 October 2023, OptimumBank Holdings, Inc. has moved from fair to attractive. The company appears to be undervalued based on its current financial metrics. Key ratios include a price-to-earnings ratio of 12.5, a price-to-book ratio of 1.1, and a return on equity of 8.3%.
When compared to its peers, such as First Horizon Corporation with a price-to-earnings ratio of 14.0 and Regions Financial Corporation at 1.3 for price-to-book, OptimumBank's ratios suggest it is trading at a discount relative to its competitors. Additionally, recent stock performance indicates that OptimumBank has outperformed the Sensex, reinforcing the notion that it may be undervalued in the current market environment.