Is MISTRAS Group, Inc. overvalued or undervalued?

As of 17 October 2025, the valuation grade for MISTRAS Group, Inc. has moved from very attractive to expensive. The company appears to be overvalued based on its current metrics. Key ratios include a P/E ratio of 11, an EV to EBITDA of 5.60, and a PEG ratio of 0.30, which suggest that the stock may not justify its price given its earnings growth potential.
In comparison to its peers, MISTRAS Group's P/E ratio of 15.68 is significantly lower than Bowman Consulting Group Ltd.'s P/E of 81.27, indicating a stark contrast in valuation despite MISTRAS being categorized as expensive. Additionally, Orion Group Holdings, Inc. has a fair valuation with a P/E of 28.58, further highlighting MISTRAS's relative overvaluation. Over the past year, MISTRAS has returned -22.83%, while the S&P 500 has gained 14.08%, reinforcing the notion that the stock may not be a favorable investment at its current price.