Is Credo Technology Group Holding Ltd. overvalued or undervalued?

As of 17 October 2025, the valuation grade for Credo Technology Group Holding Ltd. has moved from expensive to fair. The company appears to be fairly valued based on its current metrics. Key ratios include a P/E ratio of 234, an EV to EBITDA of 228.50, and a PEG ratio of 0.81, which suggests a more favorable growth outlook relative to its price.
In comparison to peers, such as a company with a P/E of 202.602 and an EV to EBITDA of 183.6098, Credo's ratios indicate it is positioned competitively within its industry. Notably, the company has demonstrated impressive returns, with a YTD return of 113.67% compared to the S&P 500's 13.30%, and a staggering 1Y return of 281.84% against the S&P 500's 14.08%.