Is Cisco Systems, Inc. overvalued or undervalued?

As of 10 September 2025, Cisco Systems, Inc. has moved from fair to expensive in its valuation grade. The company is currently considered overvalued, with a P/E ratio of 25, a Price to Book Value of 5.69, and an EV to EBITDA of 18.15. In comparison to its peers, Accenture Plc has a more attractive P/E of 21.26, while International Business Machines Corp. is classified as very expensive with a P/E of 82.85.
Despite Cisco's strong performance, reflected in a 1-year return of 35.81% compared to the S&P 500's 17.14%, the valuation metrics suggest that the stock is trading at a premium relative to its peers. This indicates that investors may be paying too much for Cisco's shares at this time.