Piraeus Financial Holdings S.A (TPEIR) fair value: what the stock is really worth
As of Sep 23, 2026: fair value of Piraeus Financial Holdings S.A €7.02, price €10.15, upside -30.8%, quality 61 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
- Fair value above price? No
- Good quality? Yes
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Piraeus Financial Holdings S.A
TPEIR · ATOvervalued / MonitorQuality is not strong enough to offset the price risk.
What runs behind every stock
69 individual criteria per stock, every one traceable See the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 24, 2026.
How to read this chart
60‑month range €0.6605 – €10.80 · fair‑value band €6.35 – €9.64 · the €10.15 price screens above the €7.02 fair value. Dashed = 300-day average. As of Sep 24, 2026.
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Company profile
Piraeus Financial Holdings S.A., together with its subsidiaries, engages in the provision of banking products and services in Greece and internationally. It operates through Retail Banking, Corporate Banking, Piraeus Financial Markets, Other, and NPE Management Unit segments.
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Piraeus Financial Holdings S.A., together with its subsidiaries, engages in the provision of banking products and services in Greece and internationally. It operates through Retail Banking, Corporate Banking, Piraeus Financial Markets, Other, and NPE Management Unit segments. The company offers time, saving, and current deposits, as well as personal banking and payroll accounts; credit, debit, and prepaid cards; mortgage, commercial real estate, corporate, consumer, motor vehicle, sovereign, personal, home, farming, restructuring, and working capital loans; overdrafts; mutual funds, corporate and treasury bonds, equities, energy finance, and treasury products; and car, home and civil liability, health, endowment, accident/life, lifestyle, and corporate insurances. It also provides financial planning, asset management, payment/remittance, cash management, settlement, payroll, fixed income, foreign exchange, restructuring, risk management, stock exchange, corporate factoring, financial and operating leasing, and digital banking services. In addition, the company offers infrastructure advisory, project and real estate finance, remote banking, debt securities issuance, and commercial debt assessment and collection services. Further, it is involved in group life and health, and electronic and cyber risks insurance programs; portfolio, yachting, shopping center, property, city link areas, and real estate management services; insurance agency, land and real estate property development, and construction services; trading of boat vehicle, cars, and equipment; real estate purchase, sales, and rentals; and consulting, hotel and training, financial, telecommunication, and information technology services. Piraeus Financial Holdings S.A. was formerly known as Piraeus Bank S.A. The company was founded in 1916 and is headquartered in Athens, Greece.
Stock analysis
Piraeus Financial Holdings S.A (TPEIR) currently trades at €10.15, while our model-based Fair Value estimate is €7.02, implying the stock looks roughly 44.6% overvalued today.
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Valuation
How firm this estimate is: it rests on 23 models at a data quality of 95/100, which puts the evidence level at medium.
Scenario range: €6.35 (bear) to €9.64 (bull), the price of €10.15 sits above 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 61/100 (solid quality), in the Financial Services sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Piraeus Financial Holdings S.A reported revenue of €2.7B in FY2025 versus €2.3B in FY2021, a compound +3.9%/yr. Reported net income was €1.1B in FY2025.
Key figures
Market cap €12.5B · P/E ratio 11.8 · P/S ratio 4.68 · EPS (TTM) €0.8600 · Dividend yield 3.2% · Net margin 39.6% · Return on equity 11.6% · Return on assets (EBIT) −1.5%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 46 out of 100 (low confidence).
What moves the price
The share trades about 6% below its 52-week high and 53% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at −38% fair-value upside, at −31%, TPEIR screens cheaper than that median.
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Set up alert →Quality Score breakdown
Of which business quality 59 · Market factors (momentum, volatility) 74
Revenue & earnings trend
Growth Forecast
TPEIR screens 45% overvalued. Compare with DBS Group →
Earlier news
- Piraeus Bank Priced a €500mn 6 Non-Call 5 Year Tenor Senior Preferred Bond at a Spread of 90bps
- Piraeus Bank SA (PIRBF) (H1 2026) Earnings Call Highlights: Record Profits Amid Global Uncertainty
- Piraeus Bank S.A.: First Half 2026 Financial Results
- Piraeus Bank Strengthens Role in Greece’s Green Transition with Top Sustainable Fitch Assessment
Compare Piraeus Financial Holdings S.A with another stock
Price, fair value, quality and upside side by side.
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 · 1074 stocks
Valuation Multiplesvs Banks - Regional median · lower = cheaper
Strength profile in five axes (Snowflake)
VALUE 0: the price sits above our fair-value range.
Context: sector, industry, market
- Is the Financials sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
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 | 77.80 SGD | 40.48 SGD | −48% |
| China Merchants Bank Co 3968 | HK$51.65 | HK$64.29 | +24% |
| Intesa Sanpaolo S.p.A ISP | €6.73 | €4.04 | −40% |
| HDFC Bank Limited HDFCBANK | ₹738.60 | ₹418.52 | −43% |
| BNP Paribas SA BNP | €101.30 | €105.99 | +5% |
| UniCredit S.p.A UCG | €83.28 | €77.62 | −7% |
| Mizuho Financial Group MFG | $10.87 | $6.75 | −38% |
| ICICI Bank Limited ICICIBANK | ₹1,340 | ₹636.31 | −53% |
| The PNC Financial Services Group PNC | $227.96 | $159.52 | −30% |
| Oversea-Chinese Banking Corporation O39 | 32.14 SGD | 19.80 SGD | −38% |
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Key figures of Piraeus Financial Holdings S.A
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