Is Autodesk, Inc. overvalued or undervalued?

As of 17 October 2025, Autodesk, Inc. has moved from a very expensive to an expensive valuation grade. 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, its peers such as 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 a recent stock return of 4.50% over the past year, which underperformed the S&P 500's return of 14.08%, Autodesk's valuation metrics suggest that the stock may not be a compelling investment at its current price of 303.66. The high PEG ratio of 6.56 further reinforces the notion that Autodesk is overvalued compared to its industry peers.