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 towards overvaluation. The company appears overvalued based on its P/E ratio of 43, which is significantly higher than the peer average of 55.45, and its EV to EBITDA ratio of 19.55, which also exceeds the peer average of 27.82. Additionally, the Price to Book Value stands at 2.69, suggesting that the stock is priced at a premium compared to its book value.
In comparison to its peers, Kaman Corp. is categorized as very expensive with a P/E ratio of 120.26, while Smith & Wesson Brands, Inc. is considered very attractive with a P/E of 47.99. The recent stock performance shows that Park Aerospace Corp. has outperformed the S&P 500 year-to-date with a return of 32.70% compared to the index's 13.30%, but it underperformed over the longer term, particularly in the 10-year period where it returned 71.88% versus the S&P 500's 227.77%. Overall, the current valuation metrics suggest that Park Aerospace Corp. is overvalued.