Is Broadridge Financial Solutions, Inc. overvalued or undervalued?

As of 21 April 2025, Broadridge Financial Solutions, Inc. has moved from an expensive to a fair valuation grade. The company appears to be fairly valued at this time. Key ratios include a P/E ratio of 45, a Price to Book Value of 16.02, and an EV to EBITDA of 24.40.
In comparison to peers, Broadridge's P/E ratio is lower than that of International Business Machines Corp., which is very expensive at 84.75, and higher than Cisco Systems, Inc., which has a fair valuation with a P/E of 24.57. Additionally, Broadridge's ROE stands at an impressive 35.41%, indicating strong profitability relative to its equity. Notably, Broadridge has outperformed the S&P 500 over the past year with a return of 19.71% compared to the index's 10.26%, reinforcing its fair valuation status.