Is Hubbell, Inc. overvalued or undervalued?

As of 1 July 2025, the valuation grade for Hubbell, Inc. has moved from attractive to very attractive, indicating a strong positive outlook. The company appears to be undervalued, supported by a P/E ratio of 26, an EV to EBITDA ratio of 17.20, and a PEG ratio of 2.47. In comparison, AMETEK, Inc. is considered expensive with a P/E ratio of 35.06 and an EV to EBITDA of 23.21, highlighting Hubbell's relative value in the industry.
Despite a recent decline in stock performance over the past week, where Hubbell's return was -2.40% compared to a 1.05% gain in the S&P 500, the longer-term perspective shows a robust 100.86% return over three years, significantly outperforming the S&P 500's 70.41%. This performance, along with its strong financial metrics, reinforces the view that Hubbell, Inc. is currently undervalued.