Is JELD-WEN Holding, Inc. overvalued or undervalued?

As of 6 May 2024, JELD-WEN Holding, Inc. has moved from an expensive to a risky valuation grade. The company is currently considered overvalued. Key ratios include a P/E ratio of 18, an EV to EBITDA of 7.18, and a Price to Book Value of 0.73. In comparison, Masonite International Corp. has a P/E of 13.28 and GMS, Inc. shows a P/E of 14.22, both indicating that JELD-WEN is trading at a premium relative to its peers.
The company's return metrics also reflect a concerning trend, with a year-to-date decline of 52.26% compared to a modest 2.44% gain in the S&P 500. With a ROCE of 5.53% and an ROE of 4.09%, JELD-WEN's performance lags behind industry standards, further supporting the conclusion that it is overvalued in the current market context.