Is Oil States International, Inc. overvalued or undervalued?

As of 31 July 2025, the valuation grade for Oil States International, Inc. has moved from attractive to very attractive, indicating a strong improvement in its perceived value. The company appears undervalued, particularly when considering its P/E ratio of 18, a PEG ratio of 0.10, and an EV to EBITDA ratio of 6.47, which suggest that it is trading at a discount relative to its earnings growth potential and operational efficiency.
In comparison to its peers, Oil States International has a P/E ratio of 18.43 for ProFrac Holding Corp., which is deemed risky, and 21.82 for Flotek Industries, which is classified as very expensive. The company's return performance has also been notable, with a 1-year return of 21.99% compared to the S&P 500's 17.14%, reinforcing the case for its undervaluation.