Is Blue Bird Corp. overvalued or undervalued?

As of 17 October 2025, the valuation grade for Blue Bird Corp. moved from fair to attractive, indicating a shift towards a more favorable assessment. The company appears undervalued based on its strong financial metrics, including a P/E ratio of 13, a PEG ratio of 0.37, and an impressive ROE of 56.80%. In comparison to peers, Blue Bird Corp. has a lower P/E ratio than Oshkosh Corp. at 15.10 and a more favorable PEG ratio than Harley-Davidson, which has a PEG of 0.00.
Despite a recent dip in stock price, Blue Bird Corp. has demonstrated robust performance over the longer term, with a YTD return of 40.36% compared to the S&P 500's 13.30%. This strong performance, coupled with attractive valuation ratios, reinforces the conclusion that Blue Bird Corp. is undervalued in the current market.