Is Ranger Energy Services, Inc. overvalued or undervalued?

As of 17 October 2025, the valuation grade for Ranger Energy Services, Inc. has moved from very attractive to attractive, indicating a shift in perception. The company appears to be undervalued, particularly when considering its P/E ratio of 12, which is lower than the industry average, and a PEG ratio of 0.51, suggesting strong growth potential relative to its price. Additionally, the EV to EBITDA ratio stands at 3.18, further supporting the notion of undervaluation.
In comparison to its peers, Ranger Energy Services has a P/E ratio of 12.47, which is more favorable than ProPetro Holding Corp.'s 8.97 and significantly lower than Flotek Industries, Inc.'s 21.82. The recent stock performance shows that while Ranger has struggled in the short term, with a YTD return of -19.90% compared to the S&P 500's 13.30%, it has delivered a remarkable 355.55% return over the past five years, indicating potential for recovery and growth.