Is Agilysys, Inc. overvalued or undervalued?

As of 17 October 2025, Agilysys, Inc. has moved from an expensive to a very expensive valuation grade. The company appears to be overvalued, given its high P/E ratio of 161, a Price to Book Value of 14.88, and an EV to EBITDA ratio of 118.06. In comparison, Clearwater Analytics Holdings, Inc. has a significantly lower P/E ratio of 12.49, indicating a more attractive valuation within the software products industry.
Despite Agilysys' strong historical performance, including a 317.29% return over the past five years compared to the S&P 500's 91.29%, its current valuation metrics suggest that it is priced excessively high relative to its peers. This overvaluation is further underscored by the company's recent stock performance, which has lagged behind the S&P 500 year-to-date and over the past year.