Is Blue Bird Corp. overvalued or undervalued?

As of 7 July 2025, the valuation grade for Blue Bird Corp. has moved from fair to attractive, indicating a positive shift in its perceived value. The company appears to be undervalued, supported by a P/E ratio of 13, a PEG ratio of 0.37, and an impressive ROE of 56.80%. In comparison, Oshkosh Corp. has a P/E of 15.10, while Harley-Davidson, Inc. is considered very expensive with a P/E of 18.01, highlighting Blue Bird's more favorable valuation metrics.
Additionally, Blue Bird Corp. has demonstrated strong performance, with a year-to-date return of 55.71%, significantly outpacing the S&P 500's return of 12.22% over the same period. This performance, combined with its attractive valuation ratios, reinforces the conclusion that Blue Bird Corp. is currently undervalued in the market.