Is Atlantic American Corp. overvalued or undervalued?

As of 28 November 2025, the valuation grade for Atlantic American Corp. moved from attractive to very attractive. The company appears to be undervalued, particularly when considering its price-to-book value of 0.38 and an EV to sales ratio of 0.20. In comparison to peers, Donegal Group, Inc. has a P/E ratio of 9.04, while SelectQuote, Inc. shows a more favorable EV to EBITDA of 6.54, highlighting Atlantic American's relative valuation strength despite its current loss-making status.
Recent stock performance indicates that Atlantic American Corp. has outperformed the S&P 500 on a year-to-date basis, returning 58.44% compared to the S&P 500's 16.45%. This strong performance, coupled with its attractive valuation ratios, supports the conclusion that the stock is undervalued in the current market environment.