Is Wells Fargo & Co. overvalued or undervalued?

As of 21 November 2025, the valuation grade for Wells Fargo & Co. moved from fair to attractive, indicating a shift towards a more favorable assessment. The company appears undervalued based on its current metrics, with a P/E ratio of 18, a Price to Book Value of 2.04, and a PEG Ratio of 0.95. In comparison to its peers, JPMorgan Chase & Co. is considered expensive with a P/E of 20.10, while Bank of America Corp. is fairly valued at a P/E of 12.90, suggesting that Wells Fargo offers a more attractive valuation relative to these competitors.
Additionally, Wells Fargo has shown strong performance with a year-to-date return of 20.53%, significantly outpacing the S&P 500's return of 12.26% during the same period. This performance reinforces the notion that the stock is undervalued, especially when considering its favorable valuation ratios and competitive positioning within the industry.