Is Stride, Inc. overvalued or undervalued?

As of 26 August 2025, the valuation grade for Stride, Inc. has moved from attractive to fair, indicating a shift in perception regarding its market valuation. Based on the current metrics, Stride, Inc. appears to be fairly valued. The P/E ratio stands at 24, while the EV to EBITDA ratio is 14.00, and the PEG ratio is notably low at 0.40, suggesting that the stock may not be as undervalued as it once seemed.
When comparing Stride, Inc. to its peers, H&R Block, Inc. has a more attractive P/E ratio of 13.76, while Planet Fitness, Inc. is significantly more expensive with a P/E of 47.24. Additionally, Valvoline, Inc. presents a fair valuation with an EV to EBITDA of 14.14. Despite the recent downturn in stock performance over the past week and month, where Stride, Inc. returned -12.55% and -13.38% respectively, it has outperformed the S&P 500 on a year-to-date basis with a return of 35.54% compared to the index's 12.22%.