Is PBF Energy, Inc. overvalued or undervalued?

As of 31 October 2024, the valuation grade for PBF Energy, Inc. has moved from expensive to risky, indicating a shift towards a more cautious outlook. The company appears to be undervalued, particularly when considering its Price to Book Value of 0.44, EV to Sales ratio of 0.13, and a Dividend Yield of 5.91%. In comparison to peers, PBF Energy's EV to EBITDA ratio stands at -6.28, while HF Sinclair Corp. has an EV to EBITDA of 18.1302, highlighting a significant disparity in valuation metrics.
Despite its current challenges, PBF Energy has shown strong short-term performance, with a 1-month return of 29.26% compared to the S&P 500's 2.33%, suggesting that market sentiment may be improving. However, the company's negative returns over the past year (-7.71%) and three years (8.22%) indicate volatility and potential risks ahead. Overall, while the stock is currently undervalued, caution is warranted given its ongoing financial struggles.