Is U.S. Bancorp overvalued or undervalued?

As of 7 November 2025, U.S. Bancorp's valuation grade has moved from fair to attractive, indicating a more favorable assessment of its value. The company appears undervalued, particularly in comparison to its peers. Key valuation ratios include a P/E ratio of 15, a Price to Book Value of 1.64, and a PEG Ratio of 0.96, which suggest that the stock is trading at a reasonable price relative to its earnings growth potential.
In comparison to its peers, Bank of America has a lower P/E ratio of 12.90, while JPMorgan Chase is considered expensive at a P/E of 20.10. U.S. Bancorp's PEG ratio of 0.96 is also more attractive than JPMorgan's 2.64, reinforcing its undervalued status. Despite recent underperformance with a year-to-date return of -1.07% compared to the S&P 500's 14.40%, the long-term outlook remains positive, with a 5-year return of 20.81% against the S&P 500's 91.73%.