Is ANSYS, Inc. overvalued or undervalued?

As of 30 April 2025, the valuation grade for ANSYS, Inc. moved from expensive to fair. The company is currently fairly valued based on its financial metrics. The P/E ratio stands at 52, while the EV to EBITDA ratio is 33.59, and the PEG ratio is 1.36, indicating a reasonable growth expectation relative to its price.
In comparison with peers, ANSYS, Inc. has a P/E ratio of 51.50, which is lower than Autodesk, Inc. at 56.52, but higher than Veeva Systems, Inc. at 59.01. The EV to EBITDA ratio for ANSYS is also more favorable than that of Palantir Technologies, which is significantly negative at -134.38. Despite recent underperformance against the S&P 500, with a year-to-date return of -0.69% compared to the index's 2.44%, the overall valuation suggests that ANSYS, Inc. is fairly positioned in the market.