Is Stifel Financial Corp. overvalued or undervalued?

As of 23 April 2025, the valuation grade for Stifel Financial Corp. has moved from attractive to fair, indicating a shift in its perceived value. The company appears to be fairly valued at this time, with a P/E ratio of 16, a Price to Book Value of 1.92, and an EV to EBITDA of 7.50. In comparison to its peers, Franklin Resources, Inc. has a lower P/E of 14.94 and a much lower EV to EBITDA of 5.52, while Morningstar, Inc. is considered expensive with a P/E of 33.14.
Stifel's recent stock performance shows a 1-year return of 28.44%, significantly outpacing the S&P 500's return of 17.14%, which supports the notion that the stock is currently fairly valued. Overall, the company's strong ROCE of 34.67% and a PEG ratio of 0.89 further illustrate its solid financial standing relative to its peers in the capital markets industry.