Is Lazard, Inc. overvalued or undervalued?

As of 4 September 2025, Lazard, Inc. has moved from expensive to fair in its valuation grade. The company appears fairly valued based on its current metrics, with a P/E ratio of 16, an EV to EBITDA ratio of 7.26, and a PEG ratio of 0.06, indicating strong growth potential relative to its price. In comparison to peers, Jefferies Financial Group, Inc. has a higher P/E ratio of 29.53, while Tradeweb Markets, Inc. is considered expensive with a P/E of 47.50, suggesting that Lazard may be more attractively priced within its industry.
While specific return data is not available, the lack of a significant return comparison with the S&P 500 implies that Lazard's valuation story remains stable amidst market fluctuations. Overall, the company is positioned as fairly valued, reflecting a balance between its growth prospects and current market price.