Is PlayAGS, Inc. overvalued or undervalued?

As of 8 May 2025, the valuation grade for PlayAGS, Inc. has moved from very attractive to attractive, indicating a shift towards a more cautious outlook. The company appears to be fairly valued based on its current metrics. Key ratios include a P/E ratio of 11, an EV to EBITDA of 6.74, and a PEG ratio of 0.02, which suggests strong growth potential relative to its price.
In comparison to its peer, Ispire Technology, Inc., which has a P/E of -6.36, PlayAGS demonstrates a more favorable valuation profile. The company's return over the past three years stands at an impressive 135.66%, significantly outperforming the S&P 500's 70.41% during the same period, reinforcing its attractiveness in the market.