Is Research Solutions, Inc. overvalued or undervalued?

As of 17 October 2025, the valuation grade for Research Solutions, Inc. has moved from fair to expensive, indicating a shift towards overvaluation. The company appears overvalued based on its high Price to Book Value of 8.01, an EV to EBIT ratio of 43.38, and an EV to EBITDA ratio of 25.94. In comparison, FONAR Corp., which is rated fair, has a P/E ratio of 8.9956 and an EV to EBITDA of 2.7084, while PaySign, Inc. is considered expensive with an EV to EBITDA of 14.4511.
Recent performance shows that Research Solutions, Inc. has underperformed relative to the S&P 500, with a year-to-date return of -24.34% compared to the index's 13.30%. This underperformance, coupled with the company's expensive valuation metrics, reinforces the conclusion that it is overvalued in the current market environment.