Is CBL & Associates Properties, Inc. overvalued or undervalued?

As of 21 February 2025, the valuation grade for CBL & Associates Properties, Inc. has moved from attractive to very attractive, indicating a strong positive shift in its valuation outlook. The company appears undervalued based on several key metrics, including a P/E ratio of 12, an EV to EBITDA ratio of 2.45, and a Price to Book Value of 2.68. In comparison, its peer Piedmont Office Realty Trust, Inc. has a significantly higher P/E ratio of -24.40, while NexPoint Residential Trust, Inc. shows a much higher EV to EBITDA ratio of 6.58, suggesting that CBL is more favorably positioned in terms of valuation.
Despite a recent dip in stock performance over the past week, where CBL's return was -2.77% compared to the S&P 500's 1.05%, the company has shown resilience with a 1-year return of 24.9%, outperforming the S&P 500's 17.14%. Overall, the combination of strong valuation ratios and relative performance suggests that CBL & Associates Properties, Inc. is currently undervalued.