Is Star Bulk Carriers Corp. overvalued or undervalued?

As of 16 November 2021, the valuation grade for Star Bulk Carriers Corp. moved from attractive to very attractive, indicating a strong improvement in its valuation outlook. The company is currently considered undervalued. Key ratios include a P/E ratio of 9, a Price to Book Value of 0.80, and an EV to EBITDA of 6.46, all of which suggest that the stock is trading at a discount relative to its earnings and assets.
In comparison to its peers, Star Bulk Carriers Corp. stands out with a significantly lower P/E ratio than Golar LNG Ltd. at 25.82 and Matson, Inc. at 7.01, while also outperforming in terms of EV to EBITDA against Golar LNG Ltd. at 58.25. The company's high dividend yield of 712.62% further emphasizes its attractiveness in the current market. Despite recent underperformance against the S&P 500 over the past year, the long-term returns of 131.47% over five years suggest a potential for recovery and growth.