Is CBIZ, Inc. overvalued or undervalued?

As of 13 June 2025, the valuation grade for CBIZ, Inc. has moved from expensive to very expensive, indicating a significant shift in its perceived value. The company is currently overvalued, with a P/E ratio of 78, which is substantially higher than its peers, such as Shift4 Payments, Inc. at 14.23 and Concentrix Corp. at 10.55. Additionally, CBIZ has a price to book value of 5.31 and an EV to EBITDA ratio of 39.67, both of which suggest that the stock is trading at a premium compared to industry standards.
In comparison to its peers, CBIZ's PEG ratio of 16.41 also highlights its overvaluation, especially when juxtaposed with Shift4 Payments' PEG of 0.09 and Concentrix's PEG of 0.00. While CBIZ has shown strong long-term performance with a 191.95% return over the past five years, its recent performance has lagged behind the S&P 500, with a year-to-date decline of 15.30% compared to the index's gain of 2.44%. Overall, the data strongly suggests that CBIZ, Inc. is overvalued in the current market.