Is Issuer Direct Corp. overvalued or undervalued?

Jun 25 2025 08:45 AM IST
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As of October 5, 2023, Issuer Direct Corp. is considered attractive due to its undervalued financial metrics, including a P/E ratio of 15.2 and a P/B ratio of 2.1, especially when compared to peers like DocuSign and Q2 Solutions, and its strong stock performance relative to the Sensex.
As of 5 October 2023, Issuer Direct Corp. has moved from fair to attractive. The company is currently undervalued based on its financial metrics. Key ratios include a Price-to-Earnings (P/E) ratio of 15.2, a Price-to-Book (P/B) ratio of 2.1, and a Return on Equity (ROE) of 12.5%.

In comparison to its peers, such as DocuSign with a P/E of 25.3 and Q2 Solutions with a P/B of 3.5, Issuer Direct Corp. appears to be trading at a discount. This valuation is further supported by its recent stock performance, which has outpaced the Sensex, reinforcing the attractiveness of its current price.
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