Is REV Group, Inc. overvalued or undervalued?

As of 4 September 2025, the valuation grade for REV Group, Inc. moved from fair to very expensive, indicating that the stock is overvalued. The company exhibits a P/E ratio of 16, a Price to Book Value of 6.11, and an EV to EBITDA of 13.03. In comparison, peers such as Oshkosh Corp. have a P/E of 15.10 and an EV to EBITDA of 9.50, while Harley-Davidson, Inc. shows a P/E of 18.01 and an EV to EBITDA of 50.82, further highlighting REV's elevated valuation metrics.
Despite a strong year-to-date return of 86.26% compared to the S&P 500's 12.22%, the significant premium reflected in REV's valuation ratios suggests that the stock may not sustain its current price levels. Overall, REV Group, Inc. is considered overvalued based on its financial metrics and peer comparisons.