Is OPENLANE, Inc. overvalued or undervalued?

As of 24 October 2025, the valuation grade for OPENLANE, Inc. moved from attractive to fair, indicating a shift in its perceived value. The company appears to be fairly valued based on its current metrics, with a P/E ratio of 23, a Price to Book Value of 1.28, and an EV to EBITDA of 10.88. In comparison to peers, Laureate Education, Inc. has a P/E of 21.23, while Huron Consulting Group, Inc. stands at 22.21, suggesting that OPENLANE is slightly above the average in its industry.
Additionally, OPENLANE has demonstrated strong returns, with a year-to-date return of 35.33%, significantly outperforming the S&P 500's 15.47% over the same period. However, over a longer horizon, its 10-year return of 76.76% lags behind the S&P 500's impressive 227.29%. This mixed performance, along with its current valuation metrics, supports the conclusion that OPENLANE is fairly valued in the current market context.