Is PCB Bancorp overvalued or undervalued?

As of 24 July 2025, the valuation grade for PCB Bancorp has moved from fair to very attractive, indicating a strong improvement in its investment appeal. The company appears to be undervalued, supported by a P/E ratio of 10, a price-to-book value of 0.75, and a PEG ratio of 0.64. In comparison to peers, Orrstown Financial Services has a P/E of 10.63, while Unity Bancorp boasts a P/E of 11.21, further highlighting PCB Bancorp's relative undervaluation.
Recent performance shows PCB Bancorp has returned 17.98% over the past year, slightly outperforming the S&P 500's 17.14%. However, over three years, PCB Bancorp's return of 16.68% significantly lags behind the S&P 500's impressive 70.41%, suggesting potential for growth as the company aligns more closely with market trends. Overall, the combination of favorable valuation ratios and peer comparisons supports the conclusion that PCB Bancorp is an attractive investment opportunity.