Is CBIZ, Inc. overvalued or undervalued?

As of 31 October 2025, the valuation grade for CBIZ, Inc. moved from very expensive to expensive, indicating a slight improvement but still reflecting a high valuation. The company appears to be overvalued based on its current metrics, with a P/E ratio of 78, a Price to Book Value of 5.31, and an EV to EBITDA of 39.67, all significantly higher than its peers. For instance, Grand Canyon Education, Inc. has a P/E of 33.38 and an EV to EBITDA of 23.11, while Shift4 Payments, Inc. shows a much lower P/E of 14.00.
In terms of stock performance, CBIZ, Inc. has underperformed relative to the S&P 500 over the year, with a return of -21.00% compared to the index's 19.89%. This trend reinforces the notion that the stock is overvalued, especially given its high valuation ratios relative to peers in the industry.