PACB, BOH, ATLC Flagged for Valuation Risks Amid Russell 2000 Scrutiny

Three Russell 2000 stocks face heightened downside risk due to stretched valuations, according to analysis published May 29, 2026. Pacific Biosciences (PACB), Bank of Hawaii (BOH), and Atlanticus Holdings (ATLC) trade at multiples that raise caution among small-cap investors. Pacific Biosciences, a DNA sequencing company with a $456.6 million market cap, trades at 2.2 times forward sales at $1.48 per share. Bank of Hawaii, a $3.06 billion regional lender, carries a 1.9 times forward price-to-book ratio at $77.32. Atlanticus Holdings, a fintech serving subprime consumers, has a $1.28 billion market cap and an 8.6 times forward price-to-earnings multiple at $85.22 per share.