Is AvidXchange Holdings, Inc. overvalued or undervalued?

As of 7 May 2025, AvidXchange Holdings, Inc. has moved from an expensive to an attractive valuation grade. The company is currently considered undervalued. Key ratios include a P/E ratio of 561, an EV to EBITDA of 53.56, and a Price to Book Value of 2.98.
In comparison to peers, AvidXchange's P/E ratio is significantly higher than Sportradar Group AG, which has a P/E of 110.21, indicating a stark contrast in valuation metrics. Additionally, Intapp, Inc. shows a risky valuation with an EV to EBITDA of -3611.65, further highlighting AvidXchange's relatively favorable position. Despite recent stock performance lagging behind the S&P 500 over the past year, AvidXchange's valuation metrics suggest it may present a buying opportunity for investors.