Is Permian Resources Corp. overvalued or undervalued?

As of 17 October 2025, the valuation grade for Permian Resources Corp. has moved from attractive to fair, indicating a shift in its perceived value. Based on the current metrics, the company appears to be fairly valued. The P/E ratio stands at 8, while the EV to EBITDA ratio is 3.92, and the Price to Book Value is 1.16. In comparison to peers, APA Corp. has a P/E of 3.70 and an EV to EBITDA of 2.30, while National Fuel Gas Co. shows a P/E of 11.42 and an EV to EBITDA of 8.28, highlighting a range of valuations within the industry.
Despite the fair valuation, Permian Resources Corp. has underperformed relative to the S&P 500, with a year-to-date return of -14.53% compared to the index's 13.30%. Over the last five years, however, the company has significantly outperformed the S&P 500 with a staggering return of 1681.16%.