Is Performance Food Group Co. overvalued or undervalued?

As of 7 July 2025, the valuation grade for Performance Food Group Co. has moved from expensive to very expensive, indicating a significant shift in its perceived value. The company is currently overvalued, with a P/E ratio of 32, a Price to Book Value of 3.18, and an EV to EBITDA ratio of 12.36. In comparison, Sysco Corp. has a fair valuation with a P/E of 28.18 and an EV to EBITDA of 15.89, while Grab Holdings Ltd. is considered attractive with a P/E of 173.01 and an EV to EBITDA of 72.99.
Despite the overvaluation, Performance Food Group Co. has shown strong performance against the S&P 500, with a year-to-date return of 27.78% compared to the index's 12.22%. This outperformance over multiple periods, including a 43.14% return over the past year, highlights the company's ability to generate returns despite its high valuation metrics.