Is American Axle & Manufacturing Holdings, Inc. overvalued or undervalued?

As of 7 November 2025, the valuation grade for American Axle & Manufacturing Holdings, Inc. moved from attractive to fair, indicating a shift in its perceived value. The company appears to be fairly valued based on its current metrics. Key ratios include a P/E ratio of 10, an EV to EBITDA of 3.66, and a Price to Book Value of 0.91, which suggest that the company is priced reasonably compared to its earnings and assets.
In comparison to peers, American Axle's P/E ratio of 9.51 is slightly lower than that of Luminar Technologies, which is considered risky with a P/E of -0.37. This indicates that American Axle is more stable in terms of earnings potential. Additionally, while the stock has shown a 12.93% return over the past month, it has underperformed the S&P 500 on a year-to-date basis, with a return of 12.35% compared to the index's 14.40%. Overall, the company is fairly valued in the current market context.