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Pioneer Bankshares Inc (PNBI) fair value: what the stock is really worth

As of Sep 23, 2026: fair value of Pioneer Bankshares Inc $40.75, price $51.00, upside -20.1%, quality 60 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.

  1. Fair value above price? No
  2. Good quality? Yes
  3. Add to watchlist

Financial Services · US · ISIN US7236181043

PB Pioneer Bankshares Inc logo Broad data Sep 23, 2026

Pioneer Bankshares Inc

PNBI · US

Overvalued / MonitorQuality is not strong enough to offset the price risk.

!Fair value $40.75 · Overvalued (−20%)
!Quality 60/100
!Mixed Growth (revenue YoY +54.7 %/yr)
✓Highly profitable · 27.4% net margin (TTM)
✓generates free cash flow
·2.14% dividend yield
!Mixed vs. peers (6/13)
!Moderate moat 62/100
!Weak on valuation: 7 out of 100

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

Price vs Fair Value

$54.99 $15.05 Fair Value $40.75 Sep 2015 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 23, 2026.

How to read this chart

60‑month range $15.05 – $54.99 · fair‑value band $36.68 – $65.42 · the $51.00 price screens above the $40.75 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 23, 2026.

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Company profile

Pioneer Bankshares, Inc. operates as the bank holding company for Pioneer Bank, Inc. that provides various banking and related financial services to individual consumers, small- to medium size businesses, and the professional community in the United States.

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Pioneer Bankshares, Inc. operates as the bank holding company for Pioneer Bank, Inc. that provides various banking and related financial services to individual consumers, small- to medium size businesses, and the professional community in the United States. The company offers various deposit products, which include business and personal checking accounts, savings accounts, and time and money market accounts. It also provides personal loans comprising personal installment and single-pay and auto loans; business loans consisting of operating capital, lines of credit, equipment loans, business expansion, investment properties, and property acquisition or construction; home mortgage and home equity loans. In addition, the company offers credit and debit cards, safe deposit boxes, online and mobile banking tools, fraud monitoring, ATMs, telephone banking, wire transfers, auto books, cash management, automated clearing house, remote deposit capture, merchant services, and online services, as well as Zelle for sending money. Further, the company provides wealth investment services, such as individual retirement accounts, college savings plans, small business investment strategies, and fixed and variable annuities; and securities and insurance products and services. Pioneer Bankshares, Inc. was founded in 1909 and is headquartered in Stanley, Virginia.

Stock analysis

Pioneer Bankshares Inc (PNBI) currently trades at $51.00, while our model-based Fair Value estimate is $40.75, implying the stock looks roughly 25.2% overvalued today.

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Valuation

Bull case: the Multiples group reads highest at a median of $51.64 per share, and 2 of the 6 models we run sit above the $51.00 price.

Bear case: the Dividend Discount group reads lowest at $14.01, and 4 of the 6 models stay below the price. Evidence for this calculation is high.

Scenario range: $36.68 (bear) to $65.42 (bull), the price of $51.00 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.

Quality & growth

The Quality Score stands at 60/100 (solid quality), in the Financial Services sector.

Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.

Pioneer Bankshares Inc reported revenue of $20.3M in FY2025 versus $13.8M in FY2021, a compound +10.1%/yr. Reported net income was $4.0M in FY2025, compounding +2.8%/yr from FY2021.

Key figures

Market cap $51.1M · P/E ratio 12.8 · P/S ratio 2.52 · EPS (TTM) $3.98 · Dividend yield 2.1% · Net margin 19.7% · Return on equity 10.1% · Return on assets (EBIT) 1.1%.

Competitive moat

Our AI-assisted moat analysis scores the competitive advantage at 38 out of 100 (low confidence).

What moves the price

The share trades about 7% below its 52-week high and 79% above its 52-week low, currently above its 200-day average.

For context, the median of 10 Financial Services peers we cover trades at −37% fair-value upside, at −20%, PNBI screens cheaper than that median.

Fair Value models

Bear $36.68 Fair Value $40.75 Bull $65.42
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2025 figures (about 9 months old). Earnings retained since then ($2.12 per share) are deliberately not added. Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Highest evidence
Residual Income $35.56 $38.99 $53.73 76
Gordon GGM $9.30 $17.67 $28.07 66
DDM Multi-Stage $9.30 $14.01 $18.87 66
All 6 models by family
Dividend Discount
Gordon GGM $9.30 $17.67 $28.07 66
DDM Multi-Stage $9.30 $14.01 $18.87 66
Multiples
P/E Multiple $38.73 $51.64 $64.55 63
P/B Multiple $43.71 $58.27 $72.84 55
Asset-Based
NCAV (Graham) $20.81 $27.89 $41.62 51
Economic Profit
Residual Income $35.56 $38.99 $53.73 76

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Quality Score breakdown

Overall quality 60/100

Of which business quality 52 · Market factors (momentum, volatility) 81

Profitability 31
Margins and returns on capital today
Quality Growth 49
Are margins and returns improving?
Cashflow 85
Earnings quality: real cash, not paper profit
Fin. Strength 3
Balance sheet, leverage, solvency risk
Investment 74
Disciplined investing over empire-building
Low Volatility 52
Calm price path (market factor)
Momentum 92
Price trend over the last 3–12 months (market factor)
52W Momentum 95
Distance to the 52-week high (market factor)
Net Issuance 92
Share count: buybacks or dilution?

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Revenue & earnings trend

Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card. 87/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
What shareholders gained per year (last 5 years) (mathematically smoothed) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Smoothed = median of all growth paths between the years of the window (trend line on the logarithm of earnings per share): a single extreme year cannot distort the rate. The reported figure stays in the tooltip.
−7.5%
Earnings growth per share plus dividend.
Earnings per share, growth per year−9.6%
Dividend (yield on the price)2.1%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.8% vs 9%, steady
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.23% → 25%
2025 sits 107% above its own trend. The rate follows the median trend of the last 5 years, not that single year.
Start year 2020 (pandemic)

Growth Forecast

Little optimism in the price
The price assumes less growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
−3.1%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (USA: IMF forecast 2.4% a year to 2030, 3.1% from 2016 to 2025) that is about −5.4% a year for the price.

PNBI screens 25% overvalued. Compare with DBS Group →

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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Banks - Regional · 1076 stocks

Beats the industry median on 6/13 measures
A mixed picture versus its industry peers.
Valuation
Quality Score 57 · Above median
Fair Value upside −20% · Below median
Profitability
Return on equity (TTM) 10% · Below median
Return on assets 1% · Above median
Net margin (TTM) 27% · Below median
Operating margin (TTM) 41% · Above median
Growth and dividend
Revenue growth 16% · Above median
Dividend yield (TTM) 2.1% · Below median

Valuation Multiplesvs Banks - Regional median · lower = cheaper

P/E (TTM) 12.8× · Pricier than median
P/B 1.22× · Pricier than median
P/S (TTM) 3.22× · Cheaper than median
P/FCF 10.2× · Pricier than median
EV/EBITDA 9.1× · Cheaper than median

Strength profile in five axes (Snowflake)

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE (fair-value potential)7 · sector 11
FUTURE (revenue growth)81 · sector 45
PAST (return on equity)40 · sector 41
HEALTH (low debt)0 · sector 85
DIVIDEND (yield)43 · sector 53

Context: sector, industry, market

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

Similar stocks

10 more Banks - Regional stocks, each showing price versus our Fair Value estimate.

Stock Price Fair Value vs Fair Value
DBS Group D05 77.69 SGD 40.48 SGD −48%
China Merchants Bank Co 3968 HK$51.25 HK$62.30 +22%
Intesa Sanpaolo S.p.A ISP €6.73 €4.04 −40%
HDFC Bank Limited HDFCBANK ₹737.25 ₹406.85 −45%
BNP Paribas SA BNP €98.43 €105.99 +8%
UniCredit S.p.A UCG €82.18 €77.62 −6%
Mizuho Financial Group MFG $10.74 $6.75 −37%
ICICI Bank Limited ICICIBANK ₹1,340 ₹616.16 −54%
The PNC Financial Services Group PNC $224.03 $159.52 −29%
Oversea-Chinese Banking Corporation O39 32.14 SGD 19.80 SGD −38%

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Cite: Fair Value Calculator (2026). "Pioneer Bankshares Inc Fair Value". https://www.fairvalue-calculator.com/stock/PNBI

Frequently asked questions

Is Pioneer Bankshares Inc (PNBI) overvalued or undervalued?
As of Sep 23, 2026, our model estimates a fair value of $40.75 versus a price of $51.00, about −20% upside (overvalued).
What is the fair value of PNBI?
Our model-based fair value for Pioneer Bankshares Inc is $40.75 (as of Sep 23, 2026), built from audited fundamentals. The current price: $51.00.
What is the quality score of PNBI?
Pioneer Bankshares Inc has a Quality Score of 60/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Pioneer Bankshares Inc (PNBI)?
Our model-based price target is the fair value of $40.75 (as of Sep 23, 2026) from 6 valuation models. Cautious scenario $36.68, optimistic scenario $65.42. It is a calculation from audited fundamentals, not an analyst target.
What is the Pioneer Bankshares Inc stock forecast for 2026?
Our models put fair value at $40.75, about −20% upside versus a price of $51.00 (overvalued). Cautious scenario $36.68, optimistic scenario $65.42. The calculation is refreshed regularly with new filings.
What is the revenue of Pioneer Bankshares Inc (PNBI)?
Pioneer Bankshares Inc reported trailing-twelve-month revenue of about $15.9M (latest available figure, as of Sep 23, 2026).
Does Pioneer Bankshares Inc pay a dividend?
Pioneer Bankshares Inc currently shows a dividend yield of about 2.14% relative to its recent price (as of Sep 23, 2026).
What growth is priced into Pioneer Bankshares Inc (PNBI)?
For today's price to be fair in a discounted-cash-flow model, Pioneer Bankshares Inc would have to grow free cash flow by -3.1 % per year for five years (discount rate 8.5 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +10.1 % per year. As of Sep 23, 2026.
What discount rate (WACC) does the fair value of PNBI use?
Our models discount Pioneer Bankshares Inc at 8.5 %: a base by market capitalisation (nano), damped by beta 0.14, country premium for USA. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Pioneer Bankshares Inc that is -3.1 % per year a year over ten years, using the same discount rate (8.5 %) and the same formula as our fair value.
How much growth has Pioneer Bankshares Inc (PNBI) delivered so far?
Over the past 5 years revenue at Pioneer Bankshares Inc grew +10.1 % a year. The price currently implies -3.1 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Pioneer Bankshares Inc (PNBI) growing?
The median revenue growth in the sector is +8.4 % a year. That is the yardstick for the growth priced into Pioneer Bankshares Inc (-3.1 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Pioneer Bankshares Inc (PNBI)?
The free-cash-flow yield on the price is 9.76 %: that much free cash flow Pioneer Bankshares Inc produces per unit of market value. When it exceeds the discount rate of our models (8.5 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Pioneer Bankshares Inc (PNBI)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Pioneer Bankshares Inc it is $40.75 per share (as of Sep 23, 2026), against a price of $51.00. It is the blended result of 6 valuation models (cash flow, earnings, asset, dividend).
Is Pioneer Bankshares Inc stock overvalued or undervalued in 2026?
As of Sep 23, 2026, PNBI trades above its calculated fair value: price $51.00, fair value $40.75, a gap of about −20% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of PNBI?
No. The price is what the market pays today ($51.00); the fair value is what the company's own numbers justify ($40.75). For Pioneer Bankshares Inc the two are $10.25 per share apart. That gap is exactly why we show both numbers side by side.
How much is Pioneer Bankshares Inc worth?
The market values Pioneer Bankshares Inc at about $51.1M (market capitalisation, as of Sep 23, 2026). Per share that is $51.00; our models calculate a fair value of $40.75 per share.
What do the bullish and bearish scenarios say about PNBI?
Our models span a range for Pioneer Bankshares Inc: cautious scenario $36.68, base $40.75, optimistic $65.42 per share (as of Sep 23, 2026, price $51.00). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of PNBI?
Pioneer Bankshares Inc trades at a price-to-earnings ratio of 12.8 (as of Sep 23, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of $40.75 is built from several models across several years. Other multiples: P/B 1.2, P/S 3.2, EV/EBITDA 9.1.
How solid is the balance sheet of Pioneer Bankshares Inc (PNBI)?
Balance-sheet figures for Pioneer Bankshares Inc (as of Sep 23, 2026): return on equity 10.1%. They feed the Quality Score of 60/100, which measures business quality independently of the share price.
How far is PNBI from its 52-week high?
Pioneer Bankshares Inc trades at $51.00, about 7% below its 52-week high of $54.99 and 79% above the low of $28.47 (as of Sep 23, 2026). Distance from the high says nothing about value: that is what the fair value of $40.75 is for.
Which stocks are comparable to Pioneer Bankshares Inc?
From the same area (Financial Services) we also value DBS Group, China Merchants Bank Co, Intesa Sanpaolo S.p.A, HDFC Bank Limited, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Pioneer Bankshares Inc stock attractive at the current price?
The data as of Sep 23, 2026: price $51.00, calculated fair value $40.75 (−20%), Quality Score 60/100, from 6 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of PNBI calculated?
We run Pioneer Bankshares Inc through 6 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of $40.75, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.0 % above its aggregate fair value. Pioneer Bankshares Inc itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Pioneer Bankshares Inc (PNBI)?
The closing price on Sep 23, 2026 was $51.00. Our model-based fair value is $40.75, about −20% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Pioneer Bankshares Inc right now?
Solid but not exceptional quality (60/100) and above fair value, neither a clear bargain nor a standout compounder. For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.

Key figures of Pioneer Bankshares Inc

How large is the market capitalisation of Pioneer Bankshares Inc (PNBI)?
The market capitalisation of Pioneer Bankshares Inc is $51.1M. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Pioneer Bankshares Inc (PNBI)?
The price-to-sales ratio of Pioneer Bankshares Inc is 2.52 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Pioneer Bankshares Inc (PNBI)?
Earnings per share at Pioneer Bankshares Inc are $3.98 (price ÷ EPS = P/E 12.8). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Pioneer Bankshares Inc (PNBI)?
The dividend yield of Pioneer Bankshares Inc is 2.1% (payout 27.4%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Pioneer Bankshares Inc (PNBI)?
The net margin of Pioneer Bankshares Inc is 19.7% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Pioneer Bankshares Inc (PNBI)?
The return on equity (ROE) of Pioneer Bankshares Inc is 10.1% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Pioneer Bankshares Inc (PNBI)?
On an EBIT basis the return on assets of Pioneer Bankshares Inc is 1.1% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Pioneer Bankshares Inc (PNBI)?
The operating margin of Pioneer Bankshares Inc is 41.4% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Pioneer Bankshares Inc (PNBI)?
Revenue at Pioneer Bankshares Inc is growing +16.2% versus a year earlier (3y avg +17.2%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Pioneer Bankshares Inc (PNBI)?
Earnings per share at Pioneer Bankshares Inc are growing +33.6% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Pioneer Bankshares Inc (PNBI) carry?
The net debt of Pioneer Bankshares Inc is $27.2M (fiscal year 2025, ≈ 5.5 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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