Is Dole Plc overvalued or undervalued?

As of 24 October 2025, the valuation grade for Dole Plc has moved from attractive to fair. Based on the current metrics, the company appears to be fairly valued. Key ratios include a P/E ratio of 9, a Price to Book Value of 0.98, and an EV to EBITDA of 6.41. In comparison, its peer, The Chefs' Warehouse, Inc., has a significantly higher P/E ratio of 39.53, indicating that Dole Plc may be undervalued relative to some of its competitors.
Despite the fair valuation, Dole Plc has underperformed against the S&P 500 over the past year, with a return of -20.4% compared to the index's 16.90%. This underperformance may suggest challenges ahead, even as the valuation ratios indicate a more attractive investment compared to some peers.