Is nVent Electric Plc overvalued or undervalued?

Nov 05 2025 11:11 AM IST
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As of October 31, 2025, nVent Electric Plc is considered overvalued with a P/E ratio of 39 and an EV to EBITDA ratio of 15.89, despite outperforming the S&P 500 with a year-to-date return of 60.83%.
As of 31 October 2025, the valuation grade for nVent Electric Plc moved from fair to expensive, indicating a shift towards overvaluation. The company appears overvalued based on its P/E ratio of 39, which is significantly lower than its peer Jabil, Inc. at 63.04, and an EV to EBITDA ratio of 15.89, also lower than Jabil's 23.25. Additionally, the Price to Book Value stands at 3.10, suggesting a premium over its book value compared to industry norms.

In terms of performance, nVent Electric Plc has outperformed the S&P 500 with a year-to-date return of 60.83% compared to the S&P 500's 16.30%. This strong performance, however, does not mitigate the concerns regarding its current valuation metrics, which suggest that the stock is overvalued relative to its peers and industry averages.
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