Is Autodesk, Inc. overvalued or undervalued?

As of 19 September 2025, the valuation grade for Autodesk, Inc. moved from very expensive to expensive, indicating a slight improvement in its perceived value. The company is currently considered overvalued based on its high valuation ratios, including a P/E ratio of 57, a Price to Book Value of 24.35, and an EV to EBITDA of 42.72. In comparison, peers like Intuit, Inc. have a more reasonable P/E ratio of 48.24, while ServiceNow, Inc. is significantly more expensive with a P/E of 117.63.
Despite the recent stock performance showing a 19.61% return over the past year compared to the S&P 500's 16.64%, Autodesk's long-term returns lag behind, with a 5-year return of 43.33% versus the S&P 500's 100.77%. This suggests that while the company has performed well recently, its valuation still appears stretched relative to its peers and historical performance.