Is Avient Corp. overvalued or undervalued?

As of 17 October 2025, the valuation grade for Avient Corp. has moved from expensive to fair. Based on the current metrics, the company appears to be fairly valued. Key ratios include a P/E ratio of 126, an EV to EBITDA of 14.53, and a Price to Book Value of 1.97. In comparison, Eastman Chemical Co. has a more attractive P/E of 15.68, while Element Solutions, Inc. maintains a fair valuation with a P/E of 24.64.
Despite the fair valuation, Avient Corp. has underperformed against the S&P 500, with a year-to-date return of -23.25% compared to the S&P's 13.30%. This trend of underperformance is further highlighted over longer periods, with a one-year return of -38.85% versus the S&P 500's 14.08%.