Is ASGN Incorporated overvalued or undervalued?

As of 17 October 2025, the valuation grade for ASGN Incorporated has moved from attractive to fair, indicating a shift in its perceived value. Based on the current metrics, the company appears to be fairly valued. The P/E ratio stands at 15, while the EV to EBITDA ratio is 9.36, and the Price to Book Value is 1.30. In comparison, peers such as CACI International, Inc. have a significantly higher P/E ratio of 39.26, while Parsons Corp. has an EV to EBITDA of 22.58, suggesting that ASGN is trading at a discount relative to some competitors.
Recent performance shows that ASGN has underperformed against the S&P 500, with a year-to-date return of -44.71% compared to the index's 13.30%. This trend of negative returns over multiple periods reinforces the notion that ASGN may not be positioned for significant growth in the near term, further supporting the conclusion of fair valuation.