Is CoreCivic, Inc. overvalued or undervalued?

As of 7 November 2025, the valuation grade for CoreCivic, Inc. has moved from expensive to fair. Based on the current metrics, the company appears to be fairly valued. The P/E ratio stands at 27, which is higher than the peer average of 19.78 for similar companies, while the EV to EBITDA ratio of 10.70 is also above the industry average of 9.21. Additionally, the Price to Book Value is 1.63, indicating a moderate valuation relative to its book value.
In comparison to its peers, Howard Hughes Holdings, Inc. has a P/E of 18.48 and an EV to EBITDA of 4.78, suggesting that CoreCivic is trading at a premium. The recent stock performance shows that CoreCivic has underperformed against the S&P 500, with a year-to-date return of -22.03% compared to the index's 14.40%. This trend reinforces the notion that while the stock is currently fairly valued, it has significant room for improvement in performance relative to the broader market.