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

As of 17 October 2025, the valuation grade for Provident Bancorp, Inc. has moved from expensive to fair. The company appears to be fairly valued based on its current metrics. Key ratios include a P/E ratio of 46, a price to book value of 0.88, and an EV to EBITDA of 35.84. In comparison, Southern Missouri Bancorp, Inc. has a P/E of 11.64, indicating a more attractive valuation, while Hingham Institution for Savings has a P/E of 18.15, also suggesting a relatively better position.
In terms of recent performance, Provident Bancorp's year-to-date return of 9.21% trails the S&P 500's return of 13.30%, and over the past three years, it has significantly underperformed with a return of -17.39% compared to the S&P 500's 81.19%. This underperformance reinforces the notion that while the stock is currently fairly valued, it may not be the best investment choice compared to its peers and the broader market.