Is Amplify Energy Corp. overvalued or undervalued?

As of 5 August 2025, Amplify Energy Corp. has moved from fair to expensive in its valuation grade. The company appears to be overvalued based on its current metrics, including a P/E ratio of 6, an EV to EBITDA ratio of 3.40, and a Price to Book Value of 0.33. Comparatively, peers such as Riley Exploration Permian, Inc. and VAALCO Energy, Inc. have more favorable valuations with P/E ratios of 5.2391 and 10.7382, respectively.
Despite a strong 5-year return of 431.31%, Amplify Energy Corp. has underperformed against the S&P 500 over the same period, which returned 96.61%. In the short term, however, the stock has shown resilience with a 1-week return of 12.56%, outperforming the S&P 500's 1.05% return. Overall, the current valuation metrics suggest that Amplify Energy Corp. is not a compelling investment at its current price.