Is Range Resources Corp. overvalued or undervalued?

As of 17 October 2025, the valuation grade for Range Resources Corp. has moved from fair to very expensive, indicating a significant shift in its valuation outlook. The company appears overvalued based on its current metrics, with a P/E ratio of 13, a Price to Book Value of 2.43, and an EV to EBITDA of 11.89. In comparison, peers such as Ovintiv, Inc. and Antero Resources Corp. have lower P/E ratios of 6.38 and 17.26, respectively, suggesting that Range Resources is trading at a premium relative to its industry counterparts.
Despite a strong dividend yield of 83.33% and a notable ROE of 18.62%, the company's valuation ratios indicate it is not justified at current price levels. The stock has underperformed against the S&P 500 in the year-to-date period, returning -0.03% compared to the index's 13.30%, but it has outperformed over the 1-year horizon with a return of 20.42% versus 14.08% for the index. Overall, the valuation metrics and peer comparisons suggest that Range Resources Corp. is overvalued.