Is EMCOR Group, Inc. overvalued or undervalued?

As of 31 October 2025, the valuation grade for EMCOR Group, Inc. has moved from attractive to fair. Based on the current metrics, the company appears to be fairly valued. The P/E ratio stands at 24, while the EV to EBITDA ratio is 16.28, and the PEG ratio is notably low at 0.48, indicating potential for growth relative to its price.
In comparison to peers, Comfort Systems USA, Inc. has a higher P/E ratio of 38.72, while AECOM is valued at 22.09, suggesting that EMCOR Group is positioned competitively within the industry. Despite its fair valuation, EMCOR has demonstrated strong performance, with a year-to-date return of 44.19%, significantly outpacing the S&P 500's return of 16.30% over the same period.