Is Peoples Bancorp, Inc. (Ohio) overvalued or undervalued?

As of 9 June 2025, the valuation grade for Peoples Bancorp, Inc. (Ohio) has moved from fair to very attractive, indicating a significant improvement in its perceived value. The company is currently considered undervalued. Key ratios include a P/E ratio of 10, a Price to Book Value of 0.97, and an EV to EBIT of 8.61, all of which suggest that the stock is trading at a discount compared to its earnings and book value.
In comparison to its peers, Peoples Bancorp's P/E ratio of 10 is notably lower than First Busey Corp.'s 35.65, which is classified as expensive, and S&T Bancorp, Inc.'s fair valuation at 10.83. The company's return on capital employed (ROCE) stands at 11.23%, further supporting its attractive valuation relative to peers. While the stock has underperformed the S&P 500 year-to-date with a return of -5.71% compared to 2.44%, its long-term performance over five years shows a solid return of 44.07%.