Is FTI Consulting, Inc. overvalued or undervalued?

As of 17 October 2025, the valuation grade for FTI Consulting, Inc. has moved from attractive to expensive, indicating a shift towards overvaluation. The company appears overvalued based on its P/E ratio of 20, which is higher than the industry average, and an EV to EBITDA ratio of 13.90. Additionally, the Price to Book Value stands at 2.62, suggesting that the stock may be trading at a premium relative to its book value.
In comparison to peers, FTI Consulting's P/E ratio of 19.59 is notably higher than ICON plc's 14.64 and Genpact Ltd.'s 14.38, both of which are considered fairly valued. Furthermore, the company's recent performance has lagged behind the S&P 500, with a year-to-date return of -20.34% compared to the index's 13.30%, and a one-year return of -33.72% against 14.08% for the S&P 500, reinforcing the notion of overvaluation.