Is TC Bancshares, Inc. overvalued or undervalued?

As of 3 October 2025, the valuation grade for TC Bancshares, Inc. has moved from expensive to attractive, indicating a shift in its perceived value. The company appears to be undervalued, especially when considering its P/E ratio of 72, which is significantly higher than the industry average, and its Price to Book Value of 0.97, suggesting that the stock is trading below its book value. Additionally, the PEG ratio stands at an impressive 0.03, indicating strong growth potential relative to its price.
In comparison to peers, First Capital, Inc. has a P/E of 12.46 and CF Bankshares, Inc. has a P/E of 10.00, both of which highlight TC Bancshares' relatively high valuation metrics. Despite this, the company's recent performance shows a year-to-date return of 20.09%, outperforming the S&P 500's return of 14.18% in the same period, which reinforces the attractiveness of its current valuation.