Is Liberty Energy, Inc. overvalued or undervalued?

As of 7 July 2025, the valuation grade for Liberty Energy, Inc. has moved from expensive to fair. The company appears to be fairly valued based on its current metrics. Key ratios include a P/E ratio of 10, an EV to EBITDA of 2.85, and a Price to Book Value of 1.01. In comparison to peers, Liberty Energy's P/E ratio is lower than NOV, Inc. at 10.22 and higher than Weatherford International plc at 7.99, indicating a competitive position within its industry.
Despite the fair valuation, Liberty Energy has experienced significant underperformance relative to the S&P 500, with a year-to-date return of -44.09% compared to the index's 12.22%. This stark contrast in returns over multiple periods highlights potential concerns about the company's growth prospects.