Is Blue Owl Capital, Inc. overvalued or undervalued?

As of 14 November 2025, the valuation grade for Blue Owl Capital, Inc. moved from fair to very expensive. The company is currently overvalued, as indicated by its high P/E ratio of 128, a Price to Book Value of 12.71, and an EV to EBITDA of 34.72. In comparison, peers like Franklin Resources, Inc. exhibit a much lower P/E of 14.94 and EV to EBITDA of 5.52, while Stifel Financial Corp. has a P/E of 18.08 and EV to EBITDA of 9.88, highlighting the significant premium Blue Owl Capital commands over its competitors.
The company's stock has underperformed relative to the S&P 500, with a year-to-date return of -37.15% compared to the S&P's 14.49%. This stark contrast reinforces the view that Blue Owl Capital is overvalued in the current market environment.