Is Mister Car Wash, Inc. overvalued or undervalued?

As of 7 November 2025, the valuation grade for Mister Car Wash, Inc. has moved from fair to attractive, indicating a positive shift in its perceived value. The company appears to be overvalued based on its current metrics, particularly with a P/E ratio of 26, which is significantly higher than the peer average of approximately 20.37 for similar companies. Additionally, the EV to EBITDA ratio stands at 10.45, while the industry peers show a range, with Stride, Inc. at 14.10 and Adtalem Global Education, Inc. at 22.36, suggesting that Mister Car Wash may not be competitively priced in comparison.
Other notable ratios include a Price to Book Value of 2.06 and a PEG Ratio of 26.24, both of which further support the conclusion that the stock is expensive relative to its peers. The return comparison with the S&P 500 is not available, but the stock's recent performance can be assessed against its 52-week range, indicating volatility and potential investor caution. Overall, the combination of high valuation ratios and peer comparisons suggests that Mister Car Wash, Inc. is overvalued in the current market.