Is IMAX Corp. overvalued or undervalued?

As of 7 November 2025, the valuation grade for IMAX Corp. has moved from expensive to fair. The company appears to be fairly valued based on its current metrics, with a P/E ratio of 36, a Price to Book Value of 4.96, and an EV to EBITDA ratio of 13.45. In comparison to peers, Whirlpool Corp. has a higher P/E of 37.42, while Roku, Inc. shows a negative P/E, indicating its risky valuation status.
IMAX Corp.'s recent stock performance has outpaced the S&P 500, with a year-to-date return of 39.30% compared to the S&P 500's 14.40%. This strong performance, alongside its fair valuation, suggests that the stock is positioned well within its industry, despite the higher valuation ratios relative to some peers.