Is IES Holdings, Inc. overvalued or undervalued?

As of 17 October 2025, the valuation grade for IES Holdings, Inc. has moved from expensive to fair. The company appears to be fairly valued at this time. Key valuation ratios include a P/E ratio of 23, an EV to EBITDA ratio of 15.44, and a PEG ratio of 0.41, which suggests a strong growth potential relative to its price.
In comparison to its peers, IES Holdings, Inc. has a lower P/E ratio than Sterling Infrastructure, Inc. at 28.27 and Dycom Industries, Inc. at 28.01, indicating it may be more attractively priced within its industry. Furthermore, IES's return performance has significantly outpaced the S&P 500, with a year-to-date return of 92.18% compared to the S&P 500's 13.30%, reinforcing the positive valuation outlook.