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

As of 30 July 2025, the valuation grade for Peoples Bancorp, Inc. (Ohio) moved from fair to very attractive, indicating a strong positive shift in its valuation outlook. The company appears undervalued, particularly when considering its P/E ratio of 10, which is lower than the peer average of 11.21 for similar institutions, and a Price to Book Value of 0.97, suggesting it is trading below its book value. Additionally, the EV to EBITDA ratio stands at 7.47, further supporting the notion of undervaluation compared to its peers.
In comparison to notable peers, Customers Bancorp, Inc. has a P/E ratio of 11.99, while First Busey Corp. is considered expensive with a P/E of 29.47. These comparisons highlight Peoples Bancorp's attractive valuation relative to its industry. Despite the recent stock performance showing a decline of 1.83% year-to-date versus a 12.22% gain in the S&P 500, the long-term perspective is more favorable, with a 52.28% return over five years compared to 96.61% for the benchmark, suggesting potential for recovery and growth.