Is Alexander & Baldwin, Inc. overvalued or undervalued?

As of 24 July 2025, the valuation grade for Alexander & Baldwin, Inc. has moved from fair to very attractive, indicating a significant improvement in its perceived value. The company appears to be undervalued, supported by a P/E ratio of 20, an EV to EBITDA of 8.95, and a PEG ratio of 0.88, all of which suggest that the stock is trading at a discount relative to its earnings growth potential.
In comparison to its peers, Alexander & Baldwin, Inc. has a lower P/E ratio than Acadia Realty Trust, which stands at 57.50, and a more favorable EV to EBITDA ratio than LTC Properties, Inc. at 10.72. Notably, the company's recent stock performance has lagged behind the S&P 500, with a year-to-date return of 5.07% compared to the index's 12.22%, and a one-year return of -6.05% versus 17.14% for the S&P 500, reinforcing the notion that the stock may be undervalued relative to its growth prospects.