Is The Shyft Group, Inc. overvalued or undervalued?

As of 24 April 2025, the valuation grade for The Shyft Group, Inc. has moved from risky to attractive, indicating a positive shift in its investment profile. The company appears to be undervalued, supported by a P/E ratio of 92, a Price to Book Value of 1.60, and an EV to EBITDA ratio of 16.36. In comparison, one of its peers, which has a P/E of approximately 101.70, suggests that The Shyft Group may offer a more favorable valuation relative to its industry.
Despite its attractive valuation grade, the company's recent performance shows mixed results against the S&P 500, with a 1-month return of 20.58% compared to the index's 2.33%, but a disappointing 3-year return of -32.87% versus the S&P's 70.41%. This contrast highlights the potential for recovery and growth in the company's valuation, reinforcing the notion that it is currently undervalued.