Is The Andersons, Inc. overvalued or undervalued?

As of 17 October 2025, The Andersons, Inc. has moved from an attractive to an expensive valuation grade. The company appears to be overvalued based on its current financial metrics. The P/E ratio stands at 8, which is significantly lower than the peer average of 11.48, while the EV to EBITDA ratio of 6.06 also suggests a relative undervaluation compared to peers like Laureate Education, Inc. with an EV to EBITDA of 11.47. Additionally, the Price to Book Value of 0.88 indicates that the stock is trading below its book value, which is a positive sign, but the overall valuation suggests a premium that may not be justified.
In terms of peer comparison, CBIZ, Inc. is categorized as expensive with a P/E of 47.91, while ICF International, Inc. is fair with a P/E of 19.16. The recent stock performance shows that The Andersons, Inc. has outperformed the S&P 500 over the past week and month, with returns of 15.78% and 20.32%, respectively, but it has lagged over the longer term, particularly in the 1-year and 3-year periods. This mixed performance further supports the conclusion that the stock is currently overvalued.