Is Radware Ltd. overvalued or undervalued?

As of 7 May 2025, Radware Ltd. has moved from an expensive to a fair valuation grade. The company appears to be fairly valued at this time. Key ratios include a P/E ratio of 113, an EV to EBITDA of 75.76, and a PEG ratio of 0.63, which suggests that while the P/E is high, the growth potential indicated by the PEG ratio is favorable.
In comparison to its peers, Radware Ltd. has a P/E of 128.27, which is higher than Allot Ltd. at -94.71 and Iteris, Inc. at 221.37, indicating a relatively better valuation position among these companies. Additionally, Radware's EV to EBITDA is lower than Iteris, which stands at 58.51, suggesting that Radware may have a more attractive valuation in terms of earnings before interest, taxes, depreciation, and amortization. Notably, Radware's stock has outperformed the S&P 500 over the past year, returning 56.42% compared to the S&P 500's 10.26%.