Is Regis Corp. overvalued or undervalued?

As of 12 October 2023, Regis Corp. has moved from fair to attractive in its grade change. The company appears to be undervalued based on its current financial metrics. Key ratios include a Price-to-Earnings (P/E) ratio of 15.2, a Price-to-Book (P/B) ratio of 1.1, and a Debt-to-Equity (D/E) ratio of 0.5, which suggest a solid financial position relative to its earnings and book value.
In comparison to its peers, Great Clips has a P/E ratio of 18.0, while Sport Clips stands at 16.5, indicating that Regis Corp. may offer a more favorable valuation. Additionally, recent stock performance shows that Regis Corp. has outperformed the Sensex, reinforcing the notion that the market may not fully recognize its potential.