Is WesBanco, Inc. overvalued or undervalued?

As of 30 June 2025, the valuation grade for WesBanco, Inc. moved from expensive to fair, indicating a more favorable assessment of its market position. The company appears fairly valued at this time. Key valuation ratios include a P/E ratio of 24, a Price to Book Value of 0.85, and an EV to EBITDA of 23.48, which suggest that while the company is not undervalued, it is also not excessively priced compared to its peers.
In comparison to its industry, WesBanco's P/E ratio is higher than that of The Bancorp, Inc. at 15.42 and BankUnited, Inc. at 11.46, both of which are considered less expensive. However, it is lower than Renasant Corp.'s P/E of 21.73. Notably, WesBanco's stock has underperformed against the S&P 500 over the longer term, with a 3-year return of -9.85% compared to the S&P 500's 70.41%, highlighting potential concerns about its growth relative to the broader market.