Is Ranger Energy Services, Inc. overvalued or undervalued?

As of 28 April 2025, Ranger Energy Services, Inc. has moved from an expensive valuation grade to fair. The company appears to be fairly valued at this time. Key ratios include a P/E ratio of 12, an EV to EBITDA of 3.18, and a PEG ratio of 0.51, indicating a potentially attractive growth relative to its price.
In comparison to peers, Ranger's P/E ratio is lower than that of Dril-Quip, Inc. at 14.45, which is rated very attractive, while it is higher than ProFrac Holding Corp., which has a negative P/E of -13.43 and is considered risky. Additionally, Ranger's dividend yield of 142.49% stands out significantly, suggesting strong returns to shareholders. Overall, the stock has shown a 21.68% return over the past year, outperforming the S&P 500's 10.26% return, reinforcing its fair valuation status.