Is CoreCivic, Inc. overvalued or undervalued?

As of 17 October 2025, the valuation grade for CoreCivic, Inc. has moved from very attractive to fair. This indicates that the company is fairly valued at present. The P/E ratio stands at 27, which is higher than the peer average of 19.78 for companies like Jones Lang LaSalle, Inc. and Howard Hughes Holdings, Inc., which have P/E ratios of 25.21 and 18.48, respectively. Additionally, CoreCivic's EV to EBITDA ratio of 10.70 is also above the peer average of 9.21, suggesting that it may be overvalued compared to its industry peers.
In terms of returns, CoreCivic has shown a strong performance over the long term with a 3-year return of 88.66%, outpacing the S&P 500's 81.19% during the same period. However, the short-term returns are concerning, with a year-to-date decline of 17.39% compared to the S&P 500's gain of 13.30%. Overall, while CoreCivic has demonstrated impressive long-term growth, its current valuation metrics suggest it may be fairly valued in the context of its peers.