Is Range Resources Corp. overvalued or undervalued?

As of 7 November 2025, the valuation grade for Range Resources Corp. has moved from fair to expensive, indicating a shift in its perceived value. The company appears overvalued based on its current metrics, particularly 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. have a significantly lower P/E ratio of 6.38, while Antero Resources Corp. has a higher P/E of 17.26, suggesting that Range Resources is trading at a premium relative to its industry.
Despite the overvaluation, Range Resources has shown strong performance in the past five years with a return of 520.13%, significantly outpacing the S&P 500's 91.73% return over the same period. However, its recent one-month return of -4.52% contrasts with the S&P 500's slight gain of 0.21%, reinforcing the notion that the stock may be facing challenges despite its historical performance.