Is Rockwell Automation, Inc. overvalued or undervalued?

As of 17 October 2025, the valuation grade for Rockwell Automation, Inc. has moved from very expensive to expensive, indicating a slight improvement but still suggesting that the stock is overvalued. The company is currently assessed as overvalued based on its high P/E ratio of 54, a price-to-book value of 16.80, and an EV to EBITDA ratio of 36.46.
In comparison to peers, Keysight Technologies, Inc. has a higher P/E ratio of 59.54, while Fortive Corp. is more attractively valued with a P/E of 19.50. Despite the high valuation, Rockwell Automation has shown strong returns, outperforming the S&P 500 with a year-to-date return of 21.65% compared to the index's 13.30%. However, over the longer term, its 3-year and 5-year returns of 50.69% and 39.61%, respectively, lag behind the S&P 500's returns of 81.19% and 91.29%, reinforcing the notion that the stock may be overvalued in the current market context.