Is Ingersoll Rand, Inc. overvalued or undervalued?

As of 17 October 2025, the valuation grade for Ingersoll Rand, Inc. has moved from fair to very expensive, indicating a significant shift in its valuation outlook. The company appears overvalued based on its current metrics, with a P/E ratio of 39, a Price to Book Value of 3.33, and an EV to EBITDA of 19.69. In comparison, Xylem, Inc. has a P/E of 37.49 and Dover Corp. has a more attractive P/E of 43.35, suggesting that Ingersoll Rand is priced higher relative to its peers despite its valuation grade.
Recent stock performance shows that Ingersoll Rand has underperformed against the S&P 500, with a year-to-date return of -14.64% compared to the index's 13.30%. This trend reinforces the notion that the stock may be overvalued given its declining returns relative to the broader market.