Is Kforce, Inc. overvalued or undervalued?

As of 17 October 2025, Kforce, Inc. has moved from very expensive to attractive. The company is currently considered undervalued, with a P/E ratio of 61, a Price to Book Value of 20.92, and an EV to EBITDA of 41.23. In comparison to peers, Kforce's P/E is significantly higher than AMN Healthcare Services, Inc. at 20.16 and Kelly Services, Inc. at 5.57, indicating a premium valuation within its industry.
Despite the attractive valuation grade, Kforce has underperformed against the S&P 500, with a year-to-date return of -51.96% compared to the index's 13.30%. This stark contrast in returns highlights the potential for recovery as the valuation appears to be more favorable relative to its peers.