Is Weyco Group, Inc. overvalued or undervalued?

As of 28 October 2024, Weyco Group, Inc. has moved from an attractive to a fair valuation grade. The company appears to be fairly valued at this time. Key ratios include a P/E ratio of 10, a Price to Book Value of 1.23, and an EV to EBITDA of 6.25, which suggest that the company is aligned with its peers in terms of valuation metrics.
In comparison to its peers, Weyco Group, Inc. has a P/E ratio of 9.81, which is higher than Hanesbrands, Inc. at 8.93 but significantly lower than Wolverine World Wide, Inc. at 34.40. The dividend yield stands at an impressive 8.73%, indicating a strong return for shareholders despite the recent stock performance lagging behind the S&P 500 over the year. Overall, the company's valuation reflects a stable position within its industry, suggesting no immediate concerns regarding overvaluation.