Is Triumph Group, Inc. overvalued or undervalued?

As of 4 May 2016, the valuation grade for Triumph Group, Inc. has moved from fair to risky, indicating a shift in perception regarding its financial health and market position. The company appears to be overvalued, given its P/E ratio of 29, which is higher than peers like Ducommun, Inc. at 29.48 and Smith & Wesson Brands, Inc. at 23.19. Additionally, the negative price-to-book value of -26.43 raises concerns about asset valuation, while the EV to EBITDA ratio of 13.52 suggests that investors are paying a premium for earnings before interest, taxes, depreciation, and amortization.
In comparison to its peers, Triumph Group's PEG ratio of 0.10 stands out, indicating potential growth relative to its price, but the overall financial metrics suggest caution. The company's recent stock performance has outpaced the S&P 500 significantly over the past year, with a return of 70.53% compared to the index's 10.26%, yet this may not fully justify the current valuation levels. Overall, the combination of high valuation ratios and negative book value leads to the conclusion that Triumph Group, Inc. is overvalued in the current market environment.