Is Beasley Broadcast Group, Inc. overvalued or undervalued?

As of 1 October 2023, Beasley Broadcast Group, Inc. moved from fair to attractive. The company appears to be undervalued based on its current financial metrics. Key ratios include a Price-to-Earnings (P/E) ratio of 10.5, a Price-to-Book (P/B) ratio of 1.2, and a Dividend Yield of 4.5%.
When compared to peers, Entercom Communications Corp. has a P/E ratio of 12.0, while Salem Media Group shows a P/B ratio of 1.5. This indicates that Beasley Broadcast Group is trading at a discount relative to its competitors. Additionally, the stock has outperformed the Sensex recently, reinforcing the notion that it may be undervalued in the current market environment.