Is Lincoln Educational Services Corp. overvalued or undervalued?

As of 17 October 2025, the valuation grade for Lincoln Educational Services Corp. moved from fair to very expensive, indicating a significant shift in its perceived value. The company is overvalued based on its high P/E ratio of 86, a price to book value of 4.86, and an EV to EBITDA of 26.76, all of which are substantially above industry norms. In comparison, peers such as Reservoir Media, Inc. have a P/E of 39.21 and an EV to EBITDA of 14.18, highlighting the premium at which Lincoln is trading.
Given the high valuation metrics and the shift in grade, Lincoln Educational Services Corp. is considered overvalued. While specific return data is not available, the absence of a return comparison with the S&P 500 suggests that the stock may not be performing well relative to broader market trends, reinforcing the notion of overvaluation.