Is Booz Allen Hamilton Holding Corp. overvalued or undervalued?

As of 24 October 2025, the valuation grade for Booz Allen Hamilton Holding Corp. has moved from very attractive to fair. The company appears to be overvalued based on its current valuation ratios, including a P/E ratio of 19, a Price to Book Value of 15.80, and an EV to EBITDA of 13.31. In comparison, peers such as ICON plc have a P/E of 14.64 and an EV to EBITDA of 10.21, suggesting that Booz Allen's valuation is relatively high within its industry.
Additionally, Booz Allen's stock has underperformed against the S&P 500, with a year-to-date return of -28.98% compared to the S&P 500's 15.47%. This significant underperformance reinforces the notion that the stock may be overvalued at its current price of 91.40.