Is Park Hotels & Resorts, Inc. overvalued or undervalued?

As of 31 July 2024, the valuation grade for Park Hotels & Resorts, Inc. has moved from expensive to very attractive, indicating a significant shift in its perceived value. The company is currently considered undervalued. Key ratios include a P/E ratio of 10, an EV to EBITDA of 3.13, and a Price to Book Value of 0.59, all suggesting that the stock is trading at a discount compared to its intrinsic value.
In comparison to its peers, Park Hotels & Resorts, Inc. stands out with a much lower P/E ratio than Cousins Properties, Inc., which has a P/E of 96.12, and a more favorable EV to EBITDA ratio compared to Independence Realty Trust, Inc. at 12.03. Despite recent underperformance relative to the S&P 500, where the stock has declined 30.70% over the past year compared to the index's 10.26% gain, the current valuation metrics suggest that there is potential for recovery and growth in the future.