Is REV Group, Inc. overvalued or undervalued?

As of 17 October 2025, the valuation grade for REV Group, Inc. moved from fair to attractive, indicating a positive shift in its perceived value. The company is currently considered undervalued, supported by a P/E ratio of 16, an EV to EBITDA of 13.03, and a Price to Book Value of 6.11. In comparison, Oshkosh Corp. has 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, suggesting that REV Group, Inc. is favorably positioned relative to its peers.
The company's strong performance is further evidenced by its impressive returns, with a year-to-date return of 79.67% compared to the S&P 500's 13.30%, and a remarkable 5-year return of 568.14% against the S&P 500's 91.29%. This performance reinforces the attractiveness of REV Group, Inc.'s current valuation.