Is Expro Group Holdings NV overvalued or undervalued?

As of 12 September 2025, the valuation grade for Expro Group Holdings NV has moved from expensive to very expensive, indicating a significant concern regarding its valuation. The company is currently considered overvalued based on its metrics. Key ratios include a P/E ratio of 11, a Price to Book Value of 0.69, and an EV to EBITDA of 3.35, which suggest that the stock is trading at a premium compared to its earnings and book value.
In comparison to its peers, Expro Group Holdings NV has a higher P/E ratio than Ovintiv, Inc. at 6.38 and Range Resources Corp. at 11.61, both of which are also classified as very expensive. The PEG ratio of 0.01 further highlights the disparity in growth expectations relative to its price. Notably, the company's stock has underperformed against the S&P 500, with a 1-year return of -30.15% compared to the index's 17.14%, reinforcing the notion that the stock may not be a favorable investment at its current valuation.