Is EMCOR Group, Inc. overvalued or undervalued?

As of 17 October 2025, the valuation grade for EMCOR Group, Inc. has moved from expensive to fair. The company appears fairly valued based on its valuation metrics, which include a P/E ratio of 24, a Price to Book Value of 8.63, and an EV to EBITDA ratio of 16.28. In comparison to peers, Comfort Systems USA, Inc. has a higher P/E ratio of 38.72, while AECOM is considered very expensive with a P/E of 22.09, indicating that EMCOR is positioned more attractively within its industry.
Additionally, EMCOR has demonstrated strong performance with a year-to-date return of 51.80%, significantly outperforming the S&P 500's 13.30% during the same period. This robust performance, coupled with a PEG ratio of 0.48 and a high dividend yield of 13.93%, reinforces the company's fair valuation status.