Is SunOpta, Inc. overvalued or undervalued?

As of 21 November 2025, the valuation grade for SunOpta, Inc. has moved from attractive to expensive, indicating a shift towards overvaluation. The company is currently deemed overvalued, with a P/E ratio of 81, a Price to Book Value of 3.94, and an EV to EBITDA ratio of 12.92. In comparison, peers like John B. Sanfilippo & Son, Inc. have a more favorable P/E of 12.73 and an EV to EBITDA of 7.10, highlighting the disparity in valuation metrics.
The recent performance of SunOpta has been significantly poor, with a year-to-date return of -55.06% compared to a positive 12.26% return for the S&P 500, reinforcing the notion of overvaluation. This stark contrast in returns further emphasizes the challenges the company faces in justifying its current valuation.