Is Clear Secure, Inc. overvalued or undervalued?

As of 7 July 2025, Clear Secure, Inc. has moved from a fair to attractive valuation grade, indicating a more favorable assessment of its market position. The company appears undervalued, supported by a P/E ratio of 15, a PEG ratio of 0.11, and an EV to EBITDA ratio of 18.05. In comparison, Clearwater Analytics Holdings, Inc. has a lower P/E of 12.49, while Agilysys, Inc. is considered very expensive with a P/E of 275.52, highlighting Clear Secure's relative attractiveness in the market.
Despite a recent 1-week decline of 0.59% compared to the S&P 500's gain of 1.05%, Clear Secure has shown strong performance year-to-date with a return of 39.15%, significantly outpacing the S&P 500's 12.22%. This performance, along with its favorable valuation ratios, reinforces the view that Clear Secure, Inc. is currently undervalued.