Is NetScout Systems, Inc. overvalued or undervalued?

As of 14 November 2025, the valuation grade for NetScout Systems, Inc. moved from very attractive to attractive. Based on the current metrics, the company appears to be overvalued. Key ratios include a P/E ratio of 36, an EV to EBITDA of 15.84, and a PEG ratio of 2.66, which suggest that the stock may be priced higher than its growth prospects justify.
In comparison to peers, NetScout's P/E ratio of 36 is significantly higher than that of Certara, Inc., which has a P/E of 150.54, and lower than HashiCorp, Inc., which has a negative P/E of -56.15. The EV to EBITDA ratio of 15.84 is also more favorable than that of HashiCorp, indicating a relative valuation concern. Although specific return data is not available, the absence of a return comparison with the S&P 500 does not detract from the overall assessment that NetScout is currently overvalued.