Is Expro Group Holdings NV overvalued or undervalued?

As of 3 October 2025, the valuation grade for Expro Group Holdings NV has moved from fair to expensive, indicating a shift towards overvaluation. The company appears overvalued based on its P/E ratio of 11, which is significantly lower than the peer average of 15.19, and its EV to EBITDA ratio of 3.35, which is also below the industry benchmark. Additionally, the PEG ratio stands at an extremely low 0.01, suggesting that the stock may not be a good growth investment relative to its price.
In comparison to its peers, Ovintiv, Inc. shows a P/E of 6.38 and Antero Resources Corp. has a P/E of 17.26, highlighting the disparity in valuation metrics within the industry. Notably, Expro Group's return over the past year has been -29.38%, while the S&P 500 has gained 17.82%, reinforcing the notion that the stock may not be a favorable investment at its current price. Overall, Expro Group Holdings NV is considered overvalued in the current market environment.