Is ServisFirst Bancshares, Inc. overvalued or undervalued?

As of 7 July 2025, the valuation grade for ServisFirst Bancshares, Inc. has moved from attractive to expensive, indicating a shift towards overvaluation. The company appears to be overvalued based on its P/E ratio of 17, which is higher than the peer average of 12.91 for Wintrust Financial Corp. and 10.78 for Synovus Financial Corp. Additionally, the Price to Book Value stands at 2.46, and the EV to EBITDA ratio is 10.62, both suggesting that the stock may be priced above its intrinsic value.
In comparison to its peers, ServisFirst's PEG ratio of 0.83 is relatively favorable, yet the overall valuation metrics indicate that it is trading at a premium. The recent stock performance shows that while ServisFirst returned 1.56% year-to-date, it lagged behind the S&P 500's 12.22% return, reinforcing the notion that the stock may not be a compelling investment at its current price.