Is Wells Fargo & Co. overvalued or undervalued?

As of 15 July 2025, the valuation grade for Wells Fargo & Co. has moved from fair to attractive, indicating a positive shift in its perceived value. The company appears to be undervalued, supported by a P/E ratio of 18, a PEG ratio of 0.95, and an EV to EBITDA ratio of 14.31. In comparison to peers, JPMorgan Chase & Co. is considered expensive with a P/E of 20.10, while Bank of America Corp. is rated fair with a P/E of 12.90, highlighting Wells Fargo's relative attractiveness in the market.
Wells Fargo's stock has outperformed the S&P 500 across multiple time frames, with a year-to-date return of 18.88% compared to the S&P 500's 12.22%, and an impressive one-year return of 53.89% versus the S&P 500's 17.14%. This strong performance reinforces the notion that Wells Fargo is currently undervalued in the context of its financial metrics and market position.