Is Centrus Energy Corp. overvalued or undervalued?

As of 9 September 2025, the valuation grade for Centrus Energy Corp. has moved from attractive to fair. The company appears to be overvalued based on its current metrics. Key ratios include a P/E ratio of 25, a Price to Book Value of 11.40, and an EV to EBITDA of 24.48, which suggest that the stock is trading at a premium compared to its earnings and book value.
In comparison to its peers, Centrus Energy Corp. has a higher P/E ratio than ATI, Inc. (Texas), which stands at 24.85, and a significantly higher EV to EBITDA ratio than Carpenter Technology Corp. at 22.31. This indicates that Centrus may not be justified in its current valuation relative to its industry peers. Notably, the company's stock has outperformed the S&P 500, with a year-to-date return of 294.31% compared to the index's 12.22%, reinforcing the notion that the stock may be overvalued despite its strong recent performance.