Is REX American Resources Corp. overvalued or undervalued?

As of 3 October 2025, the valuation grade for REX American Resources Corp. has moved from attractive to fair. Based on the current metrics, the company appears to be fairly valued. The P/E ratio stands at 24, while the EV to EBITDA ratio is 16.17, and the Price to Book Value is 3.27. In comparison, peers such as Proto Labs, Inc. have a significantly higher P/E of 58.60, while Ecovyst, Inc. shows a lower P/E of 18.34, indicating a mixed valuation landscape among competitors.
In terms of recent performance, REX American Resources Corp. has outperformed the S&P 500 with a year-to-date return of 51.74% compared to the S&P 500's 14.18%. This strong performance, along with a robust ROCE of 30.23%, suggests that while the stock is fairly valued, it has demonstrated significant growth potential relative to broader market benchmarks.