Is Air Lease Corp. overvalued or undervalued?

As of 17 October 2025, the valuation grade for Air Lease Corp. has moved from very attractive to fair. Based on the current metrics, the company appears to be fairly valued. Key ratios include a P/E ratio of 15, a Price to Book Value of 0.82, and an EV to EBITDA of 10.92. In comparison to peers, Air Lease Corp. has a P/E ratio that is slightly lower than Ryder System, Inc. at 14.15, but higher than Blue Owl Capital Corp. at 10.91, indicating a mixed valuation landscape among its competitors.
In terms of performance, Air Lease Corp. has outperformed the S&P 500 with a year-to-date return of 32.05% compared to the index's 13.30%, and a one-year return of 41.47% versus 14.08%. This strong performance suggests that while the stock may be fairly valued, it has been a solid investment relative to broader market trends.