Is ABM Industries, Inc. overvalued or undervalued?

As of 21 November 2025, the valuation grade for ABM Industries, Inc. moved from very expensive to expensive. The company appears to be overvalued based on its current valuation metrics. The P/E ratio stands at 12, while the industry average is not provided, but peer comparisons show that Air Lease Corp. has a P/E of 16.14 and ExlService Holdings, Inc. has a significantly higher P/E of 31.10. Additionally, ABM's EV to EBITDA ratio is 8.33, which is lower than the peer average of 10.09 for Air Lease Corp., indicating a relative overvaluation.
In terms of performance, ABM Industries has underperformed against the S&P 500, with a year-to-date return of -17.90% compared to the S&P 500's 12.26%. This trend continues over one year, with ABM down 26.01% while the S&P 500 is up 11.00%. Given these metrics and comparisons, ABM Industries, Inc. is positioned as overvalued in the current market context.