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

As of 17 October 2025, the valuation grade for Pioneer Bancorp, Inc. has moved from attractive to very attractive, indicating a strong improvement in its valuation outlook. The company appears to be undervalued based on its current metrics. Key ratios include a P/E ratio of 19, a Price to Book Value of 0.99, and a PEG Ratio of 0.44, which suggest that the stock is trading at a discount relative to its growth potential.
In comparison to its peers, Pioneer Bancorp, Inc. has a more favorable valuation profile, with its P/E ratio of 19 standing out against Orrstown Financial Services, Inc. at 10.63 and Unity Bancorp, Inc. at 11.21. The PEG ratio of 0.44 also highlights its attractiveness compared to peers like Civista Bancshares, Inc. with a PEG of 0.60. Notably, while Pioneer has delivered a 1-year return of 17.0%, it has underperformed the S&P 500's 14.08% return over the same period, but it has significantly lagged over the longer 3-year and 5-year horizons, where the S&P 500 has outperformed with returns of 81.19% and 91.29%, respectively.