Is CoreCivic, Inc. overvalued or undervalued?

As of 22 August 2025, the valuation grade for CoreCivic, Inc. has moved from expensive to fair, indicating that the stock is now fairly valued. The company exhibits a P/E ratio of 27, which is higher than the peer average of approximately 19.78 for similar companies, while its EV to EBITDA ratio stands at 10.70, also above the peer average of 9.21. Additionally, the Price to Book Value ratio is 1.63, suggesting a moderate valuation relative to its book value.
In comparison to its peers, Jones Lang LaSalle, Inc. has a P/E of 25.21, and Howard Hughes Holdings, Inc. has a lower P/E of 18.48, indicating that CoreCivic is priced higher than some of its competitors. Despite recent underperformance in the short term, with a year-to-date return of -3.73% compared to the S&P 500's 12.22%, the company has shown strong long-term performance with a 5-year return of 144.22% against the S&P 500's 96.61%. This suggests that while CoreCivic may be fairly valued now, it has the potential for growth in the long run.