Is NVIDIA Corp. overvalued or undervalued?

As of 17 October 2025, the valuation grade for NVIDIA Corp. has moved from very expensive to attractive, indicating a shift in market perception. The company appears to be undervalued, especially when considering its strong financial metrics. Key ratios include a P/E ratio of 45, an EV to EBITDA of 38.68, and a remarkable ROE of 90.70%.
In comparison to peers, NVIDIA's P/E ratio is lower than Broadcom Inc. at 82.00 and Advanced Micro Devices, Inc. at 87.09, while Micron Technology, Inc. offers a more attractive P/E of 25.58. Despite recent stock performance lagging behind the S&P 500 over the past week and month, NVIDIA has outperformed the index significantly year-to-date and over three and five years, reinforcing its potential as an attractive investment.