Is Balchem Corp. overvalued or undervalued?

As of 17 October 2025, Balchem Corp. moved from expensive to fair in its valuation grade. The company appears to be fairly valued based on its current metrics. The P/E ratio stands at 40, while the EV to EBITDA ratio is 23.46, and the Price to Book Value is 4.50.
In comparison to its peers, Balchem Corp. has a P/E of 36.79, which is higher than The J. M. Smucker Co. at 23.79 and lower than Conagra Brands, Inc. at 8.91. The return comparison shows that Balchem Corp. has underperformed against the S&P 500 over the past year, with a return of -14.21% compared to the S&P 500's 14.08%, but it has outperformed in the last week with a return of 2.04% against 1.70% for the index.