Is Agilysys, Inc. overvalued or undervalued?

As of 17 October 2025, the valuation grade for Agilysys, Inc. has moved from expensive to very expensive, indicating a significant increase in perceived overvaluation. The company appears to be overvalued, with a 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. shows a much lower P/E ratio of 12.49 and an EV to EBITDA of 115.40, highlighting Agilysys's relative overvaluation in the software products industry.
With no recent return data available for Agilysys to compare against the S&P 500, the lack of performance context does not detract from the conclusion that the stock is trading at a premium compared to its peers. Overall, Agilysys's high valuation ratios suggest that investors may be paying too much for future growth expectations that may not materialize.