Is Carriage Services, Inc. overvalued or undervalued?

As of 6 August 2025, the valuation grade for Carriage Services, Inc. has moved from fair to very attractive, indicating a positive shift in its perceived value. The company appears to be undervalued, especially when considering its P/E ratio of 37, which is significantly lower than the industry average, and an EV to EBITDA ratio of 14.25. Additionally, the PEG ratio stands at 10.87, suggesting that the stock may be undervalued relative to its growth prospects.
In comparison to its peers, Carriage Services, Inc. has a more favorable valuation profile, with Despegar.com Corp. showing a high P/E of 51.86 and Agiliti, Inc. exhibiting a negative P/E, further reinforcing Carriage's attractive positioning. The company's recent stock performance has been strong, with a 1-year return of 35.43%, outpacing the S&P 500's return of 17.14%, although it has lagged over the 3-year period. Overall, the metrics suggest that Carriage Services, Inc. is well-positioned for growth and is currently undervalued in the market.