Is CNH Industrial NV overvalued or undervalued?

As of 15 May 2025, the valuation grade for CNH Industrial NV has moved from very expensive to expensive. This indicates a slight improvement in perceived value, yet the company remains on the higher end of the valuation spectrum. The verdict is that CNH Industrial NV is overvalued, with a P/E ratio of 16, an EV to EBITDA of 9.84, and a Price to Book Value of 2.22, which are not compelling compared to its peers.
In the peer comparison, BWX Technologies, Inc. is rated fair with a P/E of 67.35, while AGCO Corp. is considered risky with a P/E of -212.42. Notably, BorgWarner, Inc. is classified as very expensive with a P/E of 7.71. The recent stock performance shows that CNH Industrial NV has outperformed the S&P 500 over the past year, returning 26.42% compared to the index's 10.26%, but this does not mitigate its overvaluation status.