Is Goldman Sachs BDC, Inc. overvalued or undervalued?

As of 5 November 2020, Goldman Sachs BDC, Inc. moved from risky to very attractive in its valuation grade. The company appears undervalued, particularly when considering its P/E ratio of 21, a Price to Book Value of 0.87, and an EV to EBITDA of 7.18. In comparison to peers, TPG, Inc. has a significantly high P/E ratio of 1024.14, while Federated Hermes, Inc. shows a more reasonable P/E of 13.69, reinforcing the attractiveness of Goldman Sachs BDC, Inc.
Despite its attractive valuation, the company's stock has underperformed against the S&P 500, with a one-year return of -21.40% compared to the index's 17.14%. This stark contrast highlights the potential for recovery and value realization in Goldman Sachs BDC, Inc.