Is Kingstone Cos., Inc. overvalued or undervalued?

As of 8 May 2025, the valuation grade for Kingstone Cos., Inc. has moved from attractive to very attractive, indicating a positive shift in its perceived value. The company is currently considered undervalued. Key ratios include a P/E ratio of 11, a Price to Book Value of 2.87, and an EV to Sales ratio of 1.25, which suggest that the stock is trading at a reasonable price relative to its earnings and book value.
In comparison to its peers, Kingstone Cos., Inc. has a significantly lower P/E ratio than Root, Inc., which stands at 35.65, and a much more favorable EV to EBITDA ratio compared to Hippo Holdings, Inc., which is at -13.62. This peer analysis reinforces the undervaluation perspective, especially given Kingstone's strong return on equity of 25.77%. Additionally, the company's stock has outperformed the S&P 500 over the past year, returning 213.60% compared to the index's 10.26%, further supporting the argument for its undervalued status.