Is Dole Plc overvalued or undervalued?

As of 12 May 2025, Dole Plc's valuation grade has moved from attractive to fair, indicating a shift in its market perception. The company is currently fairly valued. Key ratios include a P/E ratio of 9, an EV to EBITDA of 6.41, and a Price to Book Value of 0.98, which suggest that the company is priced reasonably compared to its earnings and asset value.
In comparison to its peers, Dole Plc's P/E ratio of 9 is significantly lower than The Chefs' Warehouse, Inc., which is considered expensive at a P/E of 41.60, and The Duckhorn Portfolio, Inc., which is very expensive at a P/E of 21.99. This positions Dole Plc favorably within its industry, particularly when looking at its EV to EBITDA ratio, which is competitive against peers like United Natural Foods, Inc. at 6.18. Additionally, Dole has outperformed the S&P 500 over the past year with a return of 17.05% compared to the index's 10.26%, reinforcing its attractiveness as an investment.