Is Oil States International, Inc. overvalued or undervalued?

As of 1 May 2025, the valuation grade for Oil States International, Inc. has moved from risky to attractive, indicating a significant improvement in its investment appeal. The company is currently considered undervalued, with a P/E ratio of 18, which is notably lower than the peer average of 22.39 for similar companies. Additionally, its EV to EBITDA ratio stands at 6.47, while peers like Dril-Quip, Inc. have a higher ratio of 8.69, further supporting the undervaluation thesis.
In comparison to its peers, Oil States International, Inc. shows a PEG ratio of 0.10, which is substantially lower than Dril-Quip's 0.14, suggesting that it offers better growth potential relative to its price. The company's Price to Book Value of 0.50 also indicates that it is trading at a discount compared to its book value. Despite a recent dip in stock price, Oil States has outperformed the S&P 500 over the past year with a return of 23.24% compared to the index's 10.26%, reinforcing the notion that it is an attractive investment opportunity.