Is Corteva, Inc. overvalued or undervalued?

As of 17 October 2025, the valuation grade for Corteva, Inc. has moved from attractive to very expensive, indicating a shift in perception regarding its market value. The company appears overvalued based on its current metrics, which include a P/E ratio of 37, a Price to Book Value of 2.01, and an EV to EBITDA ratio of 14.55. In comparison, its peer, which has a valuation grade of very expensive, shows a P/E of 33.44 and an EV to EBITDA of 14.16, suggesting that Corteva is trading at a premium relative to its peers.
Additionally, Corteva's recent stock performance has lagged behind the S&P 500, with a 1-month return of -13.08% compared to the S&P's 0.96%, and a 3-year return of 1.72% versus the S&P's 81.19%. This underperformance reinforces the notion that the stock may be overvalued given its high valuation ratios and disappointing returns relative to the broader market.