Is SITE Centers Corp. overvalued or undervalued?

As of 5 August 2025, the valuation grade for SITE Centers Corp. has moved from very attractive to attractive, indicating a shift in perceived value. The company appears to be overvalued based on its current metrics, particularly with a P/E ratio of 1.00, which is significantly below the industry average, and an EV to EBITDA ratio of 3.71, suggesting a higher valuation compared to peers. Additionally, the Price to Book Value stands at 1.20, which is relatively modest.
In comparison to peers, SITE Centers Corp. has a P/E ratio of 1.248, while its EV to EBITDA is 3.5346, indicating that it is priced higher than some competitors. Notably, the company's return over the past year has been -22.08%, while the S&P 500 has gained 17.14%, reinforcing the notion that SITE Centers Corp. is underperforming relative to the broader market. Overall, the combination of these factors suggests that SITE Centers Corp. is currently overvalued.