Is Concrete Pumping Holdings, Inc. overvalued or undervalued?

As of 18 June 2025, the valuation grade for Concrete Pumping Holdings, Inc. has moved from very expensive to expensive, indicating a shift in perceived value. The company is currently considered overvalued based on its financial metrics. Key ratios include a P/E ratio of 20, an EV to EBITDA of 6.79, and a Price to Book Value of 1.10, which suggest that the stock is trading at a premium relative to its earnings and book value.
In comparison to peers, Concrete Pumping Holdings, Inc. has a P/E ratio of 20, while Argan, Inc. stands at 28.81 and Great Lakes Dredge & Dock Corp. at 11.30, highlighting a significant disparity in valuation. Additionally, the company's EV to EBITDA ratio of 6.79 is lower than that of Argan, Inc. at 21.40, further supporting the conclusion of overvaluation. Recent stock performance shows that while the company gained 0.16% over the past week, it has underperformed the S&P 500 over the past year, which returned 10.26%.