Is Park Aerospace Corp. overvalued or undervalued?

As of 17 October 2025, the valuation grade for Park Aerospace Corp. has moved from attractive to expensive, indicating a shift in perception regarding its market value. Based on the current metrics, the company appears overvalued, with a P/E ratio of 43, a Price to Book Value of 2.69, and an EV to EBITDA of 19.55. In comparison to its peers, Kaman Corp. has a much higher P/E of 120.26, while Smith & Wesson Brands, Inc. shows a more favorable P/E of 47.99, highlighting the relative expense of Park Aerospace.
Despite its recent performance, where it outperformed the S&P 500 with a year-to-date return of 32.70% compared to 13.30%, the elevated valuation ratios suggest that investors may be paying a premium for future growth that may not materialize. Overall, the combination of high valuation ratios and the recent grade change supports the conclusion that Park Aerospace Corp. is currently overvalued.