Is KBR, Inc. overvalued or undervalued?

As of 24 February 2025, KBR, Inc. has moved from an attractive to a fair valuation grade. The company is currently fairly valued based on its financial ratios and peer comparisons. The P/E ratio stands at 23, while the EV to EBITDA ratio is 15.19, and the ROE is a strong 27.37%.
In comparison to its peers, SS&C Technologies Holdings, Inc. has a P/E of 23.55 and an EV to EBITDA of 11.01, while EPAM Systems, Inc. shows a P/E of 22.32 and an EV to EBITDA of 12.35. KBR's valuation reflects its competitive positioning, although it has underperformed the S&P 500 over the past year, with a return of -25.68% compared to the index's 10.26%.