Is Phillips Edison & Co., Inc. overvalued or undervalued?

As of 25 April 2025, the valuation grade for Phillips Edison & Co., Inc. has moved from fair to attractive, indicating a shift in perception towards the company's valuation. Based on the analysis, the company appears to be undervalued. Key ratios include a P/E ratio of 69, an EV to EBITDA of 11.31, and a Price to Book Value of 2.14, which suggest that while the company has a high P/E, its other valuation metrics indicate potential for growth.
In comparison to peers, Phillips Edison & Co., Inc. has a P/E of 67.30, which is significantly higher than Rithm Capital Corp. at 8.29 and Apartment Income REIT Corp. at 8.87, both of which are categorized as very attractive. Despite its high P/E, the company's PEG ratio of 3.06 suggests that growth expectations may not be fully priced in. Additionally, the stock has outperformed the S&P 500 over the past week and month, reinforcing the notion that it may be undervalued relative to its growth prospects.