Is Keysight Technologies, Inc. overvalued or undervalued?

As of 7 November 2025, the valuation grade for Keysight Technologies, Inc. moved from very expensive to expensive. The company is currently considered overvalued based on its valuation ratios, which include a P/E ratio of 44, a Price to Book Value of 5.54, and an EV to EBITDA of 26.21. In comparison, peers such as Rockwell Automation, Inc. and Fortive Corp. have P/E ratios of 57.64 and 19.50, respectively, indicating that Keysight's valuation is relatively high within its industry.
Despite the recent downgrade in valuation grade, the stock's performance against the S&P 500 remains unreported, which limits the ability to assess its relative market strength. Overall, the combination of high valuation ratios and the peer comparison suggests that Keysight Technologies, Inc. is overvalued at its current price of 183.51.