Is FRP Holdings, Inc. overvalued or undervalued?

As of 31 October 2025, the valuation grade for FRP Holdings, Inc. has moved from very expensive to expensive, indicating a slight improvement in perceived value but still suggesting overvaluation. The company appears overvalued based on its high P/E ratio of 75, which significantly exceeds the peer average of approximately 91.74, and an EV to EBITDA ratio of 33.11, which is also elevated compared to the industry standards. Additionally, the Price to Book Value stands at 1.21, reflecting a premium over its book value.
In comparison to its peers, FRP Holdings, Inc. has a notably higher P/E ratio than the industry average, suggesting that investors are paying more for each unit of earnings than they would for similar companies. The company's returns have lagged significantly behind the S&P 500, with a year-to-date return of -22.62% compared to the index's 16.30%, reinforcing the notion of overvaluation in the current market context.