Is Olin Corp. overvalued or undervalued?

As of 28 July 2025, the valuation grade for Olin Corp. has moved from very expensive to risky, indicating a shift in perception regarding its valuation. The company appears to be overvalued based on its current metrics, with a P/E ratio of 31, an EV to EBITDA of 6.18, and a Price to Book Value of 1.15. In comparison, peers such as Axalta Coating Systems Ltd. have a P/E of 19.81 and CSW Industrials, Inc. at 32.31, suggesting that Olin Corp. is trading at a premium relative to some of its competitors.
The stock has underperformed against the S&P 500, with a year-to-date return of -26.12% compared to the index's 12.22%, and a one-year return of -42.02% against 17.14% for the S&P 500. This performance reinforces the notion that Olin Corp. may be overvalued given its current financial metrics and market performance.