CoreCivic, Inc. Experiences Valuation Adjustment Amid Strong Market Performance

CoreCivic, Inc., a small-cap player in the miscellaneous industry, has recently undergone a valuation adjustment. The company currently exhibits a P/E ratio of 27, alongside a price-to-book value of 1.63. Its enterprise value to EBITDA stands at 10.70, while the EV to EBIT is recorded at 18.18. Additionally, CoreCivic's return on capital employed (ROCE) is 7.64%, and its return on equity (ROE) is 6.06%.
In comparison to its peers, CoreCivic's valuation metrics present a mixed picture. For instance, Jones Lang LaSalle, Inc. operates with a P/E ratio of 25.21, while Howard Hughes Holdings, Inc. shows a lower EV to EBITDA of 4.78. Conversely, Hilton Grand Vacations, Inc. is positioned at a higher P/E of 30.60, indicating a more expensive valuation relative to CoreCivic.

Over the past year, CoreCivic has demonstrated a stock return of 70.22%, significantly outperforming the S&P 500's return of 15.64%. This performance trend highlights the company's resilience and market positioning within its sector.