Is Riverview Bancorp, Inc. overvalued or undervalued?

As of 2 June 2025, the valuation grade for Riverview Bancorp, Inc. has moved from expensive to fair, indicating a more favorable assessment of its market position. The company is currently fairly valued, with a P/E ratio of 24, a Price to Book Value of 0.72, and a PEG ratio of 0.79. These figures suggest that while the company is not undervalued, it is also not excessively priced compared to its earnings growth potential.
In comparison to its peers, Riverview Bancorp's P/E ratio of 24 is higher than that of Third Coast Bancshares, Inc. at 8.07 and Ponce Financial Group, Inc. at 22.71, both of which are considered attractive. However, its PEG ratio of 0.79 is competitive against the industry average, indicating potential for growth relative to its price. Notably, Riverview's recent stock performance has outpaced the S&P 500 over the past year, returning 42.86% compared to the S&P's 10.26%, which reinforces its fair valuation amidst market fluctuations.