Is Universal Health Realty Income Trust overvalued or undervalued?

As of 3 December 2018, Universal Health Realty Income Trust has moved from a grade of very expensive to very attractive, indicating a significant shift in its valuation perspective. The company is currently considered undervalued. Key ratios include a P/E ratio of 30, an EV to EBITDA of 7.32, and a PEG ratio of 1.99, which suggest that the stock may be trading at a discount relative to its earnings growth potential.
In comparison to its peers, Universal Health Realty Income Trust's P/E ratio is notably higher than Dynex Capital, Inc. at 18.29, but lower than the industry average, indicating a competitive position in the market. Additionally, the company's dividend yield of 726.22% stands out, reinforcing its attractiveness compared to peers like CBL & Associates Properties, Inc. with a P/E of 11.34. Despite recent stock performance lagging behind the S&P 500 over longer periods, the recent 1-month return of 7.92% compared to the S&P 500's 3.83% suggests a positive momentum that could further support its undervalued status.