Is The Buckle, Inc. overvalued or undervalued?

As of 21 November 2025, The Buckle, Inc. moved from fair to attractive in its valuation grade, indicating a positive shift in its perceived worth. The company appears undervalued, supported by a P/E ratio of 11, a Price to Book Value of 4.98, and an impressive ROCE of 102.27%. In comparison to peers, Gap, Inc. has a P/E of 10.22, while Urban Outfitters, Inc. holds a P/E of 13.77, suggesting that The Buckle, Inc. is trading at a lower valuation relative to its industry counterparts.
Despite recent underperformance against the S&P 500 in the short term, with a 1Y return of 13.98% compared to the index's 11.00%, The Buckle, Inc. has shown resilience over longer periods, achieving a 5Y return of 95.29% versus 85.61% for the S&P 500. This performance, combined with its attractive valuation metrics, reinforces the conclusion that The Buckle, Inc. is currently undervalued.