Is Clear Secure, Inc. overvalued or undervalued?

As of 17 October 2025, the valuation grade for Clear Secure, Inc. has moved from very expensive to attractive, indicating a shift towards a more favorable assessment. The company appears undervalued based on its current metrics, with 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 P/E of 12.49 and an EV to EBITDA of 115.40, while Donnelley Financial Solutions, Inc. shows a P/E of 19.49 and an EV to EBITDA of 9.29, highlighting that Clear Secure is positioned competitively within its peer group.
Despite a challenging year with a 1Y return of -16.21% compared to the S&P 500's 14.08%, the company's YTD return of 17.42% outpaces the index's 13.30%, suggesting potential for recovery and growth. Overall, Clear Secure, Inc. is currently undervalued, presenting an attractive investment opportunity relative to its peers.