Is Heritage-Crystal Clean, Inc. overvalued or undervalued?

As of 12 October 2023, Heritage-Crystal Clean, Inc. has moved from fair to attractive based on recent evaluations. The company is currently considered undervalued. Key ratios include a Price-to-Earnings (P/E) ratio of 15.2, a Price-to-Book (P/B) ratio of 2.1, and a Return on Equity (ROE) of 12.5%.
When compared to peers, Clean Harbors, Inc. has a P/E ratio of 20.3, while Stericycle, Inc. shows a P/B ratio of 3.0. This indicates that Heritage-Crystal Clean, Inc. is trading at a discount relative to its competitors, reinforcing the undervaluation narrative. Additionally, the company has outperformed the Sensex in recent stock performance, further supporting its attractive valuation.