Is Associated Capital Group, Inc. overvalued or undervalued?

As of 6 August 2025, the valuation grade for Associated Capital Group, Inc. has moved from attractive to very attractive, indicating a strong improvement in its valuation outlook. The company appears to be undervalued, supported by a P/E ratio of 25, a Price to Book Value of 1.05, and a PEG Ratio of 0.79, which suggests that it is trading at a discount relative to its growth potential.
In comparison to its peers, Associated Capital Group has a higher P/E ratio than BlackRock Capital Investment Corp. at 10.18 and Medallion Financial Corp. at 6.39, while its EV to EBITDA of 35.30 also exceeds that of BlackRock's 5.37. Despite the attractive valuation metrics, the company's recent stock performance has lagged behind the S&P 500, with a 1-year return of 1.81% compared to the index's 17.14%, and a 5-year return of -10.83% versus 96.61% for the S&P 500, highlighting the potential for improvement in market perception.