Is Bunge Global SA overvalued or undervalued?

As of 17 October 2025, Bunge Global SA's valuation grade has moved from very expensive to attractive, indicating a shift towards a more favorable assessment. The company appears undervalued, with a P/E ratio of 17.18, an EV/EBITDA of 14.90, and a Price to Book Value that suggests a reasonable valuation compared to its peers. In comparison, its peer, Archer-Daniels-Midland Company, has a P/E ratio of 19.50, while Nutrien Ltd shows an EV/EBITDA of 15.50, highlighting Bunge's relative attractiveness in the sector.
Despite a modest 1-year stock return of 1.99% compared to the S&P 500's 14.08%, Bunge has outperformed the index significantly over the past year-to-date with a return of 25.39% versus 13.30%. This performance, combined with its attractive valuation ratios, supports the conclusion that Bunge Global SA is currently undervalued in the market.