Is Atlantic American Corp. overvalued or undervalued?

As of 14 November 2025, the valuation grade for Atlantic American Corp. moved from attractive to very attractive. The company appears to be undervalued, particularly given its Price to Book Value of 0.38 and an EV to Sales ratio of 0.20, which are significantly lower than those of its peers. In comparison, Donegal Group, Inc. has a P/E ratio of 9.04 and an EV to EBITDA of 163.77, while SelectQuote, Inc. shows a P/E of 25.76 and an EV to EBITDA of 6.54.
Despite the company's recent stock performance, which has outpaced the S&P 500 with a year-to-date return of 89.61% compared to the S&P 500's 14.49%, the valuation metrics suggest that Atlantic American Corp. is still trading at a discount relative to its peers. This reinforces the notion that the stock is undervalued in the current market environment.