Is Perfect Corp. overvalued or undervalued?

As of 28 November 2025, the valuation grade for Perfect Corp. moved from fair to expensive, indicating a shift towards overvaluation. The company appears to be overvalued based on its P/E ratio of 28, which is significantly higher than the industry average, and a PEG ratio of 0.57, suggesting that growth expectations are not being met by current earnings. Additionally, the EV to EBITDA ratio of -16.40 signals potential issues with profitability.
In comparison to peers, Perfect Corp. has a P/E ratio of 32.53, while NerdWallet, Inc. is more attractively valued at 14.42, and American Software, Inc. is considered very expensive at 167.83. The stock's recent performance shows a 1-week return of 4.68%, outperforming the S&P 500's 3.73%, but the year-to-date return of -36.75% starkly contrasts with the S&P 500's gain of 16.45%, reinforcing the notion that the stock may be overvalued in the current market environment.