Is Murphy USA, Inc. overvalued or undervalued?

As of 7 July 2025, the valuation grade for Murphy USA, Inc. has moved from expensive to fair. Based on the current metrics, the company appears to be fairly valued. Key ratios include a P/E ratio of 35, an EV to EBITDA of 19.25, and a Price to Book Value of 24.17.
In comparison to its peers, Murphy USA's P/E ratio of 31.85 is higher than BJ's Wholesale Club Holdings, Inc. at 23.94 and Penske Automotive Group, Inc. at 12.91, indicating a premium valuation relative to these companies. Despite recent underperformance, with a year-to-date return of -23.89% compared to the S&P 500's 12.22%, the long-term perspective shows a strong 5-year return of 180.71%, which outpaces the S&P 500's 96.61%.