Is Expro Group Holdings NV overvalued or undervalued?

As of 7 May 2025, the valuation grade for Expro Group Holdings NV has moved from very attractive to attractive. The company is currently considered undervalued, with a P/E ratio of 11, a Price to Book Value of 0.69, and an EV to EBITDA of 3.35. In comparison to its peers, Expro's P/E ratio is lower than Magnolia Oil & Gas Corp. at 13.72 and significantly lower than Comstock Resources, Inc. at 166.82, indicating a more favorable valuation relative to these companies.
Despite the recent decline in stock performance, with a year-to-date return of -32.48% compared to the S&P 500's 2.44%, the underlying ratios suggest that Expro Group Holdings NV remains an attractive investment opportunity. The PEG ratio stands at an impressive 0.01, further supporting the notion that the stock is undervalued in the current market environment.