Is United States Steel Corp. overvalued or undervalued?

As of 7 May 2025, the valuation grade for United States Steel Corp. has moved from expensive to attractive. Based on the analysis, the company appears to be undervalued. The P/E ratio stands at 143, which is significantly higher than the industry average, while the EV to EBITDA ratio is 23.73, indicating a premium valuation compared to peers. Additionally, the Price to Book Value is 1.37, suggesting that the stock is trading above its book value.
In comparison to peers, Reliance, Inc. has a P/E of 20.69 and an EV to EBITDA of 13.18, while Commercial Metals Co. shows a P/E of 13.45 and an EV to EBITDA of 7.89, highlighting that United States Steel Corp. is trading at a much higher valuation. Despite these high ratios, the recent stock performance has been strong, with a year-to-date return of 61.34%, significantly outperforming the S&P 500's 2.44% during the same period, reinforcing the notion that the stock may be undervalued relative to its growth potential.