Is Apple Hospitality REIT, Inc. overvalued or undervalued?

As of 27 February 2023, the valuation grade for Apple Hospitality REIT, Inc. moved from attractive to very attractive. The company is currently considered undervalued. Key ratios include a P/E ratio of 14, a Price to Book Value of 0.87, and an EV to EBITDA of 5.96. In comparison, Rithm Capital Corp. has a P/E of 8.29 and an EV to EBITDA of 1.38, while Apartment Income REIT Corp. shows a P/E of 8.87 and an EV to EBITDA of 10.99.
Despite a challenging year with a YTD return of -23.58%, Apple Hospitality REIT, Inc. remains an appealing investment opportunity given its favorable valuation metrics relative to peers. The current pricing suggests that the stock is trading at a discount compared to its industry counterparts, reinforcing the assessment of undervaluation.