Is The Hackett Group, Inc. overvalued or undervalued?

As of 17 October 2025, The Hackett Group, Inc. has moved from fair to expensive, indicating a shift in its valuation grade. The company appears overvalued based on its current metrics, particularly with a P/E ratio of 58, a Price to Book Value of 12.24, and an EV to EBITDA of 33.88. In comparison to its peers, The Hackett Group's P/E ratio is significantly higher than that of SP Plus Corp., which stands at 25.27, and HireRight Holdings Corp. at 57.62, reinforcing the notion of overvaluation.
The company's recent stock performance has been underwhelming, with a year-to-date return of -39.42% compared to the S&P 500's positive return of 13.30%, and over the past three years, it has lagged significantly with a return of -6.72% versus the S&P 500's 81.19%. This performance further supports the conclusion that The Hackett Group, Inc. is currently overvalued in the market.