Is WD-40 Co. overvalued or undervalued?

As of 7 November 2025, the valuation grade for WD-40 Co. has moved from fair to expensive, indicating that the stock is overvalued. Key valuation ratios include a P/E ratio of 57, a Price to Book Value of 20.00, and an EV to EBITDA of 44.67. In comparison to peers, Axalta Coating Systems Ltd. has a P/E of 19.81 and an EV to EBITDA of 9.89, while CSW Industrials, Inc. shows a P/E of 32.31 and an EV to EBITDA of 20.45, highlighting WD-40's relatively high valuation metrics.
Despite a recent positive performance with a 1-week return of 1.70% compared to the S&P 500's -1.63%, the longer-term outlook is concerning, with a year-to-date return of -18.41% versus the S&P 500's 14.40%. This suggests that while there may be short-term fluctuations, the overall valuation indicates that WD-40 Co. is overvalued in the current market context.