Is TC Bancshares, Inc. overvalued or undervalued?

As of 19 May 2025, the valuation grade for TC Bancshares, Inc. has moved from attractive to fair. The company is currently fairly valued based on its financial metrics. The P/E ratio stands at 72, which is significantly higher than peers such as First Capital, Inc. at 13.48 and CF Bankshares, Inc. at 10.84, indicating a premium valuation. Additionally, the EV to EBITDA ratio is 46.50, which again suggests a high valuation compared to the industry.
In terms of performance, TC Bancshares has a ROCE of 2.07% and a ROE of 1.35%, both of which are relatively low and may raise concerns about its profitability compared to peers. Notably, while the stock has underperformed the S&P 500 year-to-date with a return of -6.64% versus 2.44%, it has outperformed over the past year with a return of 15.47% compared to the S&P's 10.26%. Overall, TC Bancshares appears to be fairly valued amidst a landscape of varying peer valuations.