Is Provident Bancorp, Inc. (Massachusetts) overvalued or undervalued?

As of 24 July 2025, the valuation grade for Provident Bancorp, Inc. has moved from expensive to fair. Based on the current metrics, the company appears to be fairly valued. Key valuation ratios include a P/E ratio of 46, a Price to Book Value of 0.88, and an EV to EBIT of 42.22, which suggest that while the company is not undervalued, it is also not excessively priced compared to its peers.
In comparison to its peers, Southern Missouri Bancorp, Inc. has a P/E of 11.64, while Hingham Institution for Savings stands at 18.15, indicating that Provident Bancorp's valuation is on the higher end relative to these companies. Despite this, the company has shown strong recent performance, with a year-to-date return of 13.33%, outpacing the S&P 500's 12.22%. However, over a longer horizon, the 3-year return of -9.33% significantly lags behind the S&P 500's 70.41%, suggesting some volatility in its performance.