Is Popular, Inc. overvalued or undervalued?

As of 22 May 2025, Popular, Inc. has moved from an attractive to a fair valuation grade. The company is currently fairly valued, with a P/E ratio of 14, a Price to Book Value of 1.70, and an EV to EBITDA of 4.91. In comparison to its peers, East West Bancorp, Inc. shows a more attractive P/E of 12.82, while Ally Financial, Inc. is considered expensive with a P/E of 17.41.
Despite the fair valuation, Popular, Inc. has demonstrated strong performance with a remarkable ROCE of 493.62% and a PEG ratio of 0.37, indicating potential growth at a reasonable price. The company's stock has outperformed the S&P 500 over the past year, returning 26.40% compared to the index's 10.26%, reinforcing its competitive position in the market.