Is CSG Systems International, Inc. overvalued or undervalued?

As of 7 November 2025, the valuation grade for CSG Systems International, Inc. has moved from attractive to fair, indicating a shift in its perceived value. The company appears to be fairly valued based on its current metrics, with a P/E ratio of 43, a Price to Book Value of 14.85, and an EV to EBITDA of 21.26. In comparison, FactSet Research Systems, Inc. has a more attractive P/E of 28.40, while Akamai Technologies, Inc. is considered expensive with a P/E of 22.51.
Despite the fair valuation, CSG Systems has shown strong returns, outperforming the S&P 500 with a year-to-date return of 53.20% compared to the index's 14.40%. However, over a three-year period, the company has lagged behind the S&P 500, with a return of 32.96% versus 76.76% for the index. Overall, CSG Systems International, Inc. is currently fairly valued in its industry context.