Is Johnson Controls International Plc overvalued or undervalued?

As of 7 May 2025, Johnson Controls International Plc has moved from a valuation grade of very expensive to expensive. The company is currently considered overvalued. Key ratios include a P/E ratio of 25, an EV to EBITDA of 18.88, and a Price to Book Value of 4.51. In comparison to peers, GE Aerospace is rated very expensive with a P/E of 123.69, while Carrier Global Corp. is attractive with a P/E of 17.41.
Despite its strong recent performance, with a 1-year return of 51.61% compared to the S&P 500's 10.26%, the current valuation metrics indicate that Johnson Controls International Plc is priced above its intrinsic value, suggesting a cautious approach for potential investors.