Is Everest Group Ltd. overvalued or undervalued?

As of 14 November 2025, the valuation grade for Everest Group Ltd. has moved from expensive to fair. The company appears to be fairly valued based on its current metrics, with a P/E ratio of 30, a Price to Book Value of 1.82, and an EV to Sales ratio of 1.36. In comparison, RenaissanceRe Holdings Ltd. has a P/E ratio of 6.29, indicating a more attractive valuation, while American Financial Group, Inc. shows a higher P/E of 15.03, suggesting it is also relatively expensive.
Despite the recent grade change indicating a fair valuation, Everest Group Ltd. has underperformed against the S&P 500 across multiple time frames, with a year-to-date return of -10.00% compared to the S&P 500's 14.49%. This underperformance may reflect broader market trends or company-specific challenges, reinforcing the notion of a fair valuation rather than an undervaluation.