Is Ingersoll Rand, Inc. overvalued or undervalued?

As of 17 October 2025, the valuation grade for Ingersoll Rand, Inc. moved from fair to very expensive. The company is currently considered overvalued, 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, its peer Xylem, Inc. has a P/E of 37.49 and Dover Corp. shows a more attractive valuation with a P/E of 43.35, indicating that Ingersoll Rand's valuation is significantly higher than some of its peers.
Ingersoll Rand's recent stock performance has lagged behind the S&P 500, with a year-to-date return of -14.64% compared to the S&P 500's 13.30%. This trend, along with the company's elevated valuation ratios, reinforces the conclusion that Ingersoll Rand is overvalued in the current market environment.