Is Concrete Pumping Holdings, Inc. overvalued or undervalued?

As of 7 July 2025, the valuation grade for Concrete Pumping Holdings, Inc. has moved from expensive to very expensive, indicating a significant concern regarding its valuation. The company appears overvalued based on its current metrics, with a P/E ratio of 20, an EV to EBITDA ratio of 6.79, and a Price to Book Value of 1.10. In comparison, its peer Heliogen, Inc. has a much lower P/E ratio of 0.2119, highlighting the disparity in valuation within the industry.
Concrete Pumping Holdings, Inc. also shows a relatively high EV to EBIT ratio of 14.72, which further supports the notion of overvaluation. The company has delivered a 1-year return of 26.96%, outperforming the S&P 500's return of 17.14%, but its longer-term performance over 3 years and 5 years has lagged significantly behind the benchmark. Given these factors, the company's valuation does not seem justified relative to its peers and historical performance.