Is Hubbell, Inc. overvalued or undervalued?

As of 17 October 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, particularly when considering its P/E ratio of 26, which is lower than the peer average of 27.44 for companies like AMETEK, Inc. Additionally, Hubbell's EV to EBITDA ratio stands at 17.20, which is also more favorable compared to AMETEK's 23.21. The PEG ratio of 2.47 suggests that the stock may be undervalued relative to its growth prospects.
In terms of returns, Hubbell has outperformed the S&P 500 over the last three and five years, with returns of 90.28% and 194.47%, respectively, compared to 81.19% and 91.29% for the index. However, the one-year return of -6.95% lags behind the S&P 500's 14.08%, which may raise concerns among investors. Overall, the combination of strong financial ratios and a favorable peer comparison supports the conclusion that Hubbell, Inc. is currently undervalued.