Is Chase Corp. overvalued or undervalued?

As of 20 October 2023, Chase Corp. has moved from fair to attractive based on its recent performance and valuation metrics. The company is currently undervalued, presenting a compelling investment opportunity. Key ratios include a Price-to-Earnings (P/E) ratio of 15.2, a Price-to-Book (P/B) ratio of 2.1, and a Return on Equity (ROE) of 12.5%.
In comparison to its peers, such as 3M Company with a P/E of 18.5 and Illinois Tool Works at 19.0, Chase Corp. appears to be trading at a discount. Additionally, the company's recent stock performance has outpaced the Sensex, reinforcing the attractiveness of its current valuation.