Is Tactile Systems Technology, Inc. overvalued or undervalued?

As of 17 October 2025, Tactile Systems Technology, Inc. has moved from an attractive to a fair valuation grade. The company appears to be overvalued based on its current metrics, with a P/E ratio of 14, a Price to Book Value of 1.14, and an EV to EBITDA of 6.49. In comparison, CareDx, Inc. is rated very attractive with a significantly lower P/E ratio of -27.91, while Organogenesis Holdings, Inc. is considered risky with a P/E ratio of 608.59, highlighting the relative valuation challenges Tactile faces.
Despite a recent positive performance with a 1-week return of 2.18% compared to the S&P 500's 1.70%, the year-to-date return of -15.18% against the S&P 500's 13.30% suggests that Tactile is struggling to keep pace with broader market trends. Overall, the combination of its valuation ratios and peer comparisons indicates that Tactile Systems Technology, Inc. is currently overvalued.