Is NCS Multistage Holdings, Inc. overvalued or undervalued?

Jun 25 2025 09:14 AM IST
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As of October 15, 2023, NCS Multistage Holdings, Inc. is considered attractive due to its undervalued financial metrics, including a P/E ratio of 12.5 and a P/B ratio of 1.8, which are lower than peers like Halliburton and Schlumberger, while also demonstrating strong performance relative to the Sensex.
As of 15 October 2023, NCS Multistage Holdings, Inc. has moved from fair to attractive. The company is currently undervalued based on its financial metrics. Key ratios include a Price-to-Earnings (P/E) ratio of 12.5, a Price-to-Book (P/B) ratio of 1.8, and a Return on Equity (ROE) of 15%.

In comparison to its peers, Halliburton has a P/E ratio of 15.2 and Schlumberger shows a P/B ratio of 2.5, indicating that NCS Multistage is trading at a discount relative to its industry counterparts. This valuation is further supported by the company's recent performance, which has outpaced the Sensex, reinforcing the attractiveness of its current stock price.
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