Is The Hackett Group, Inc. overvalued or undervalued?

As of 17 October 2025, The Hackett Group, Inc. has moved from a fair to an expensive valuation grade. The company appears overvalued given its high valuation ratios, including a P/E ratio of 58, a Price to Book Value of 12.24, and an EV to EBITDA of 33.88. In comparison, peers such as SP Plus Corp. and HireRight Holdings Corp. have significantly lower P/E ratios of 25.27 and 57.62, respectively, indicating that The Hackett Group is trading at a premium relative to its industry.
The stock has underperformed against the S&P 500, with a year-to-date return of -39.42% compared to the index's 13.30%. This trend continues over longer periods, with a 3-year return of -6.72% versus the S&P 500's 81.19%, reinforcing the notion that the stock is currently overvalued.