Is Piper Sandler Cos. overvalued or undervalued?

As of 13 June 2025, the valuation grade for Piper Sandler Cos. has moved from expensive to fair. Based on the analysis, the company appears to be fairly valued at this time. Key ratios include a P/E ratio of 30, an EV to EBITDA of 26.02, and a PEG ratio of 0.34, which suggests that the stock is reasonably priced relative to its growth potential.
In comparison to its peers, Piper Sandler Cos. has a P/E ratio that is slightly above Moelis & Co. at 28.59 but significantly lower than Freedom Holding Corp. at 108.64, indicating a more attractive valuation within its competitive landscape. Additionally, Lazard, Inc. is valued fairly with a P/E of 14.97, further highlighting the relative positioning of Piper Sandler. Notably, the company has outperformed the S&P 500 over the past year with a return of 24.55% compared to 10.26%, reinforcing its investment appeal.