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 positive shift in its perceived value. The company appears to be undervalued, supported by 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. has a lower P/E ratio than Frontline Plc, which stands at 21.44, and a more favorable EV to EBITDA ratio than Kirby Corp. at 8.73. Despite a recent decline in the one-year return of -5.70% compared to the S&P 500's 17.14%, the company has shown strong performance over longer periods, with a 5-year return of 179.04% versus the S&P 500's 96.61%, reinforcing the attractiveness of its current valuation.