Is Delek US Holdings, Inc. overvalued or undervalued?

As of 7 May 2024, the valuation grade for Delek US Holdings, Inc. has moved from expensive to risky, indicating a significant shift in perception. The company is currently considered overvalued. Key ratios highlight this concern, with a Price to Book Value of 9.63, an EV to EBIT of -9.86, and an EV to EBITDA of -313.40, all suggesting substantial financial distress and inefficiency.
In comparison to peers, Delek US Holdings, Inc. shows a P/E ratio of -3.6754, while CVR Energy, Inc. has a P/E of -22.0604 and Par Pacific Holdings, Inc. stands at -14.3915, reflecting a challenging environment across the sector. Additionally, the company's recent performance has been lackluster, with a 1-year return of -13.50% compared to the S&P 500's 10.26%, further reinforcing the notion that it is overvalued in the current market context.