Is Perfect Corp. overvalued or undervalued?

As of 28 April 2025, the valuation grade for Perfect Corp. has moved from fair to very attractive, indicating a significant positive shift in its perceived value. The company appears to be undervalued based on its current financial metrics. Key ratios include a P/E ratio of 28, a Price to Book Value of 1.23, and a PEG Ratio of 0.57, which suggests strong growth potential relative to its price.
In comparison to peers, Perfect Corp. has a P/E ratio of 30.93, which is more favorable than SoundHound AI, Inc. at -30.40 and Cognyte Software Ltd. at -196.07, both of which are classified as risky. Additionally, while American Software, Inc. is deemed very expensive with a P/E of 167.83, Perfect Corp.'s valuation remains attractive. The company's recent stock performance shows a 14.36% return over the past month, contrasting with the S&P 500's 3.83% return, further reinforcing the notion that it may be undervalued in the current market.