Is Penumbra, Inc. overvalued or undervalued?

As of 17 October 2025, Penumbra, Inc. has moved from a very expensive to an expensive valuation grade. The company is currently considered overvalued based on its high valuation ratios, including a P/E ratio of 84, an EV to EBITDA of 69.41, and a PEG ratio of 6.49. In comparison, peers such as Hologic, Inc. and The Cooper Companies, Inc. have P/E ratios of 21.83 and 34.28, respectively, indicating that Penumbra's valuation is significantly higher than its industry counterparts.
Despite the lack of return data, it is important to note that Penumbra's stock price has fluctuated between a 52-week high of 310.00 and a low of 199.01, reflecting volatility that may not align with its current valuation metrics. Overall, the combination of high valuation ratios and the recent grade change suggests that Penumbra, Inc. is overvalued in the current market context.