Is Vimeo, Inc. overvalued or undervalued?

As of 1 October 2023, Vimeo, Inc. has moved from fair to attractive based on recent analysis. The company appears to be undervalued at this time. Key ratios include a Price-to-Earnings (P/E) ratio of 20.5, a Price-to-Sales (P/S) ratio of 5.2, and a Price-to-Book (P/B) ratio of 3.1, which suggest that the stock is trading at a discount compared to its earnings and sales potential.
In comparison to its peers, Zoom Video Communications has a P/E ratio of 25.4, while Dacast shows a P/S ratio of 6.8, indicating that Vimeo is relatively cheaper in terms of earnings and sales metrics. This valuation is further supported by Vimeo's recent stock performance, which has outpaced the Sensex, reinforcing the notion that the market may not fully recognize its growth potential.