Is Enpro, Inc. overvalued or undervalued?

As of 17 October 2025, the valuation grade for Enpro, Inc. has moved from fair to very expensive, indicating a significant shift in its perceived value. The company appears overvalued based on its current metrics, with a P/E ratio of 45, a Price to Book Value of 2.80, and an EV to EBITDA of 17.07. In comparison, peers such as Badger Meter, Inc. have a P/E of 50.53 and an EV to EBITDA of 32.29, while ESAB Corp. shows a fair valuation with a P/E of 24.12 and an EV to EBITDA of 14.88, suggesting that Enpro's valuation is not justified relative to its industry counterparts.
Despite its high valuation, Enpro, Inc. has delivered impressive stock returns, outperforming the S&P 500 with a 1-year return of 44.64% compared to the index's 14.08%. This strong performance may attract investors, but the elevated valuation ratios indicate that caution is warranted.