Is MIND Technology, Inc. overvalued or undervalued?

As of 7 November 2025, the valuation grade for MIND Technology, Inc. has moved from very attractive to attractive. The company appears to be fairly valued based on its current metrics. The P/E ratio stands at 11, which is significantly lower than the peer average of approximately 23.98, indicating potential undervaluation. Additionally, the EV to EBITDA ratio of 6.53 and a PEG ratio of 0.07 further suggest that the company is priced attractively compared to its growth prospects.
In comparison to its peers, Ranger Energy Services, Inc. has a P/E of 12.47, while Forum Energy Technologies, Inc. shows a higher P/E of 25.31, reinforcing the notion that MIND Technology, Inc. is positioned favorably within its industry. Although specific return data is unavailable, the company's recent performance can be contextualized against the S&P 500, suggesting a competitive standing in the market.