Is IBEX Ltd. overvalued or undervalued?

As of 17 October 2025, IBEX Ltd. has moved from very expensive to attractive, indicating a significant improvement in its valuation outlook. The company is currently considered undervalued, supported by a P/E ratio of 11, an EV/EBITDA ratio of 6.47, and a PEG ratio of 0.14, all of which are favorable compared to its peers. For instance, Boston Omaha Corp., a peer with a P/E ratio of 259.13, highlights the relative attractiveness of IBEX Ltd.'s valuation.
In terms of performance, IBEX Ltd. has shown remarkable returns, with a year-to-date return of 68.59% compared to the S&P 500's 13.30%, and a one-year return of 91.69% against the S&P 500's 14.08%. This performance reinforces the narrative that IBEX Ltd. is undervalued relative to its strong market returns and robust financial ratios.