Is RPC, Inc. overvalued or undervalued?

As of 10 September 2025, the valuation grade for RPC, Inc. has moved from very expensive to expensive, indicating a slight improvement in perceived value but still suggesting overvaluation. The company appears overvalued based on its current financial metrics, with a P/E ratio of 14, which is higher than peers like NOV, Inc. at 10.22 and Weatherford International plc at 7.99. Additionally, RPC, Inc. has an EV to EBITDA ratio of 3.41, which is lower than the industry average, but its EV to EBIT ratio of 10.24 suggests a premium compared to competitors.
In terms of returns, RPC, Inc. has underperformed against the S&P 500 across multiple periods, with a year-to-date return of -22.39% compared to the S&P 500's 12.22%, and a three-year return of -38.70% versus 70.41% for the index. This trend reinforces the notion that RPC, Inc. is currently overvalued, as its stock performance does not align with its valuation metrics relative to peers.