Is European Wax Center, Inc. overvalued or undervalued?

As of 24 October 2025, the valuation grade for European Wax Center, Inc. moved from fair to expensive, indicating that the company is overvalued. Key valuation ratios include a P/E ratio of 24, a Price to Book Value of 4.57, and an EV to EBIT of 13.46. Compared to peers, Agiliti, Inc. has a P/E of approximately -69.98, while Sonder Holdings, Inc. shows a P/E of -0.09, highlighting that European Wax Center's valuation is significantly higher than its peers.
The company's current price of 3.84 is notably below its 52-week high of 8.91, suggesting potential volatility in its stock performance. While return data is not available for a direct comparison with the S&P 500, the shift to an expensive valuation suggests that investors may want to exercise caution.