Is Revolve Group, Inc. overvalued or undervalued?

As of 17 October 2025, the valuation grade for Revolve Group, Inc. has moved from attractive to fair. The company appears to be fairly valued based on its current metrics. Key ratios include a P/E ratio of 31, an EV to EBITDA of 20.43, and a PEG ratio of 0.35, which suggests that the stock may not be undervalued despite its recent performance.
In comparison to peers, Chewy, Inc. is considered very expensive with a P/E ratio of 44.86, while Global Industrial Co. is also fairly valued with a P/E of 23.39. Notably, Revolve's ROCE stands at an impressive 35.71%, indicating strong capital efficiency. Over the past year, Revolve has underperformed against the S&P 500, returning -21.06% compared to the index's 14.08%, which reinforces the notion that the stock may not be a compelling buy at this time.