Is WEX, Inc. overvalued or undervalued?

As of 10 October 2025, the valuation grade for WEX, Inc. has moved from very attractive to attractive, indicating a shift in perceived value. The company appears to be overvalued based on its current metrics, with a P/E ratio of 20, a Price to Book Value of 7.79, and an EV to EBITDA of 6.75. In comparison, Booz Allen Hamilton Holding Corp. has a P/E of 15.81 and an EV to EBITDA of 12.90, while Charles River Laboratories International, Inc. shows a higher P/E of 27.84 but a lower EV to EBITDA of 11.15, suggesting that WEX may not be as competitively priced within its industry.
Recent stock performance has been weak, with WEX, Inc. returning -28.61% over the past year compared to a 13.36% return for the S&P 500, reinforcing the notion that the stock is not currently a favorable investment.