PBFS’s Valuation Remains Premium: Is It Worth Overpaying for?
Pioneer Bancorp, Inc. PBFS has been trading close to its 52-week high of $18.24, ending the June 30 session at $17.07. The stock currently trades at a trailing 12-month enterprise value-to-EBITDA (EV/EBITDA) multiple of 11.21X, above the broader banking industry’s average of 9.65X. Image Source: Zacks …