Is inTEST Corp. overvalued or undervalued?

As of 2 May 2025, inTEST Corp. has moved from an expensive to a risky valuation grade. The company is currently considered overvalued, given its high P/E ratio of 77, which significantly exceeds the peer average. Notably, inTEST Corp. has an EV to EBITDA ratio of 11.03 and a Price to Book Value of 0.78, indicating potential concerns regarding its valuation metrics compared to its peers.
In comparison, PAR Technology Corp. has a P/E ratio of -34.42, while Diebold Nixdorf, Inc. stands at 38.77, both of which reflect the risky nature of the industry. The company's return over the past year has been -27.62%, contrasting sharply with the S&P 500's return of 10.26%, further emphasizing its underperformance in the market. Overall, the combination of high valuation ratios and poor stock performance suggests that inTEST Corp. is overvalued at this time.