Is ArcBest Corp. overvalued or undervalued?

As of 30 July 2025, the valuation grade for ArcBest Corp. has moved from very attractive to attractive, indicating a shift in its perceived value. Based on the current metrics, ArcBest appears to be fairly valued. Key valuation ratios include a P/E ratio of 16, an EV to EBITDA of 6.51, and a Price to Book Value of 1.31. In comparison, J.B. Hunt Transport Services has a significantly higher P/E ratio of 40.85, while Knight-Swift Transportation Holdings has a fair valuation with a P/E of 45.62.
Despite the attractive valuation, ArcBest's recent stock performance has lagged behind the S&P 500, with a year-to-date return of -23.53% compared to the S&P 500's 12.22%. Over the past year, ArcBest's stock has declined by 35.51%, while the S&P 500 has gained 17.14%, further emphasizing the company's current valuation standing.