Is The RMR Group, Inc. overvalued or undervalued?

As of 9 August 2019, The RMR Group, Inc. has moved from a fair to a very attractive valuation grade. The company is currently undervalued, with a P/E ratio of 23, a Price to Book Value of 2.10, and an impressive ROCE of 55.21%. In comparison to its peers, International General Insurance Holdings Ltd. has a P/E of 8.22, while Screaming Eagle Acquisition Corp. shows a negative P/E of -45.85, highlighting the relative strength of The RMR Group.
Despite its attractive valuation, The RMR Group has faced significant stock performance challenges, with a year-to-date return of -20.01% compared to a 2.44% gain in the S&P 500. This disparity reinforces the notion that the company is undervalued, especially given its strong ratios and the overall market context.