Is Paymentus Holdings, Inc. overvalued or undervalued?

As of 17 October 2025, the valuation grade for Paymentus Holdings, Inc. has moved from very attractive to attractive, indicating a shift in perceived value. Based on the current analysis, the company appears to be overvalued. The P/E ratio stands at 90, significantly higher than the peer average, while the EV to EBITDA ratio is 47.50, and the PEG ratio is 1.94, suggesting that the stock may be priced too high relative to its earnings growth potential.
In comparison to peers, Paymentus Holdings has a P/E ratio of 79.78, while Stagwell, Inc. and Viad Corp. have much lower P/E ratios of 55.57 and -17.23, respectively. This highlights a notable disparity in valuation among similar companies. Additionally, while Paymentus has shown a strong 3-year return of 162.11%, it has underperformed against the S&P 500 in the shorter term, with a year-to-date return of -10.22% compared to the S&P 500's 13.30%.