Is Riverview Bancorp, Inc. overvalued or undervalued?

As of 8 August 2025, Riverview Bancorp, Inc. has moved from fair to attractive in its valuation grade, indicating a more favorable assessment. The company appears undervalued, particularly when considering its P/E ratio of 24, which is higher than the industry average, but its price to book value stands at a low 0.72, suggesting potential for growth. Additionally, the PEG ratio of 0.79 indicates that the stock may be undervalued relative to its earnings growth expectations.
In comparison to peers, Riverview's P/E ratio is notably higher than Third Coast Bancshares, Inc., which has a P/E of 9.69, and Ponce Financial Group, Inc., at 21.78, highlighting a significant valuation discrepancy within the sector. While Riverview's recent stock performance shows a 12.04% return over the past year, it lags behind the S&P 500's 17.14% return, and over three years, it has declined by 21.65% compared to the S&P's 70.41%, suggesting that while the stock is currently attractive, it has underperformed relative to broader market indices.