Is Worthington Enterprises, Inc. overvalued or undervalued?

As of 17 October 2025, the valuation grade for Worthington Enterprises, Inc. moved from very expensive to fair, indicating a shift towards a more favorable assessment. The company appears fairly valued based on its current metrics, with a P/E ratio of 23, a Price to Book Value of 3.21, and an EV to EBITDA of 37.70. In comparison, peers such as Commercial Metals Co. exhibit a more attractive P/E of 18.46 and a significantly lower EV to EBITDA of 9.51, highlighting that Worthington may not be as competitively priced within its industry.
In terms of recent performance, Worthington has outperformed the S&P 500 with a year-to-date return of 40.91% compared to the index's 13.30%, although its longer-term returns have lagged behind the benchmark over three and five years. Overall, these metrics suggest that while Worthington is currently fairly valued, it faces competitive pressures from its peers that may impact its future valuation.