Is Adeia, Inc. overvalued or undervalued?

As of 17 October 2025, the valuation grade for Adeia, Inc. has moved from attractive to fair, indicating a shift in perceived value. Based on the current metrics, Adeia appears to be fairly valued. The P/E ratio stands at 17, while the EV to EBITDA ratio is 8.99, and the PEG ratio is notably low at 0.17, suggesting potential for growth relative to its price.
In comparison to its peers, Adeia's P/E ratio of 17.77 is more favorable than that of Compass, Inc., which has a risky valuation with a P/E of -170.03, and Cellebrite DI Ltd., also risky at -27.51. Despite its fair valuation, Adeia has outperformed the S&P 500 over the past year, returning 32.80% compared to the index's 14.08%, reinforcing the notion that the stock is positioned well within its market context.