Is CNX Resources Corp. overvalued or undervalued?

As of 17 October 2025, the valuation grade for CNX Resources Corp. has moved from fair to very expensive. The company is considered overvalued based on its current metrics. Key ratios include a P/E ratio of 9, an EV to EBITDA of 8.03, and a PEG ratio of 0.20, which suggest that the stock is trading at a premium compared to its earnings growth potential.
In comparison to its peers, CNX Resources Corp. has a lower P/E ratio than Permian Resources Corp. at 9.23 and a significantly higher EV to EBITDA ratio than APA Corp. at 2.30. This indicates that while CNX may have some attractive growth prospects, it is not priced competitively against its industry peers. Additionally, the stock has underperformed relative to the S&P 500 over the past year, with a return of -8.73% compared to the index's 14.08%, reinforcing the notion that it may be overvalued at its current price.