Is Perfect Corp. overvalued or undervalued?

As of 17 October 2025, the valuation grade for Perfect Corp. has moved from attractive to expensive, indicating a shift in perception regarding its market value. The company is currently considered overvalued, with a P/E ratio of 28, a Price to Book Value of 1.23, and a PEG Ratio of 0.57. In comparison, peers such as Domo, Inc. have a P/E ratio of -9.37, while NerdWallet, Inc. boasts a more favorable P/E of 14.42, highlighting the relative valuation concerns surrounding Perfect Corp.
Recent performance shows that Perfect Corp. has underperformed against the S&P 500, with a year-to-date return of -31.45% compared to the index's 13.30%. This stark contrast in returns further reinforces the notion that Perfect Corp. is overvalued in the current market environment.