Is Timberland Bancorp, Inc. (Washington) overvalued or undervalued?

As of 22 July 2025, Timberland Bancorp, Inc. has moved from a fair to very attractive valuation grade. The company appears to be undervalued, supported by a P/E ratio of 9, a price to book value of 0.96, and an EV to EBITDA ratio of 1.76. In comparison to peers, TrustCo Bank Corp. NY has a P/E of 14.54, while Southern Missouri Bancorp, Inc. shows a P/E of 11.64, indicating that Timberland Bancorp is trading at a significant discount relative to its industry counterparts.
Despite a recent dip in stock performance over the past week, where Timberland's return was -1.16% compared to the S&P 500's 1.05%, the year-to-date performance of 17.08% against the S&P 500's 12.22% suggests a strong recovery potential. This, alongside a remarkable dividend yield of 1665.38% and a ROCE of 46.13%, further reinforces the attractiveness of Timberland Bancorp as an investment opportunity.