Is Old Republic International Corp. overvalued or undervalued?

As of 24 July 2025, the valuation grade for Old Republic International Corp. has moved from fair to attractive, indicating a more favorable assessment of its stock. The company appears undervalued, supported by a P/E ratio of 12, a PEG ratio of 0.57, and a price-to-book value of 1.57. In comparison to peers, First American Financial Corp. is considered very expensive with a P/E of 36.75, while Essent Group Ltd. has a fair valuation with a P/E of 8.80, highlighting Old Republic's relative attractiveness in the insurance sector.
Despite recent underperformance over the past week with a return of -2.05% compared to the S&P 500's 1.05%, the company has shown resilience with a YTD return of 9.81% versus the S&P 500's 12.22%. This performance, combined with its strong dividend yield of 9.56%, reinforces the view that Old Republic International Corp. is a compelling investment opportunity.