Is Excelerate Energy, Inc. overvalued or undervalued?

As of 24 October 2025, the valuation grade for Excelerate Energy, Inc. moved from expensive to very expensive, indicating a significant increase in perceived overvaluation. The company is overvalued based on its current metrics, with a P/E ratio of 20, a Price to Book Value of 7.38, and an EV to EBITDA ratio of 10.52.
In comparison to its peers, Clean Energy Fuels Corp. has a P/E ratio of -4.19, while New Fortress Energy, Inc. stands at 3.31, highlighting Excelerate's relatively high valuation. Additionally, the PEG ratio of 0.36 suggests that the stock may not be justified at its current price given its growth prospects. Over the past year, Excelerate has returned 14.09%, which is below the S&P 500's 16.90%, further reinforcing the notion of overvaluation as the stock has underperformed relative to the broader market.