Is Pioneer Bancorp, Inc. (New York) overvalued or undervalued?

As of 30 July 2025, the valuation grade for Pioneer Bancorp, Inc. has moved from fair to very attractive, indicating a significant improvement in its perceived value. The company appears to be undervalued, supported by a P/E ratio of 19, a Price to Book Value of 0.99, and a PEG Ratio of 0.44, all of which suggest that the stock is trading at a discount relative to its growth potential and book value.
In comparison to its peers, Pioneer Bancorp's P/E ratio is notably higher than Orrstown Financial Services, Inc. at 10.63 and Unity Bancorp, Inc. at 11.21, which reinforces its attractive valuation status. Additionally, the company has outperformed the S&P 500 with a year-to-date return of 17.88% compared to the index's 12.22%, further supporting the argument that it is undervalued in the current market.