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, indicating a more favorable assessment of its current market position. The company appears to be fairly valued, with a P/E ratio of 46, a Price to Book Value of 0.88, and an EV to EBIT of 42.22. In comparison to its peers, Southern Missouri Bancorp, Inc. has a much lower P/E ratio of 11.64, while Hingham Institution for Savings stands at 18.15, highlighting that Provident Bancorp is priced significantly higher than these competitors.
Despite the fair valuation, the company's recent stock performance has been mixed, with a year-to-date return of 9.21% compared to the S&P 500's 13.30%. Over the longer term, however, Provident Bancorp has shown a 53.51% return over the past five years, which is notably lower than the S&P 500's 91.29% during the same period, suggesting that while the stock is currently fairly valued, it has underperformed relative to broader market indices in the long run.