Is Rogers Corp. overvalued or undervalued?

As of 31 July 2025, the valuation grade for Rogers Corp. has moved from fair to risky, indicating a shift towards a more concerning outlook. The company appears to be overvalued based on its current metrics, with a P/E ratio of 27, which is significantly higher than peers like Avantor, Inc. at 11.82 and ChampionX Corp. at 15.52. Additionally, the EV to EBITDA ratio of 10.57 suggests that the company is priced at a premium compared to its earnings potential, while its Price to Book Value of 0.98 indicates it is trading close to its book value, yet still reflects a level of risk.
Rogers Corp. has underperformed relative to the S&P 500, with a year-to-date return of -17.83% compared to the index's 12.22%, and a three-year return of -66.50% versus 70.41% for the S&P 500. This stark contrast in performance further reinforces the notion that Rogers Corp. is currently overvalued in the market.