Is Standex International Corp. overvalued or undervalued?

As of 17 October 2025, the valuation grade for Standex International Corp. moved from expensive to very expensive, indicating a significant shift in its valuation outlook. The company appears overvalued based on its current metrics, with a P/E ratio of 53, a Price to Book Value of 6.26, and an EV to EBITDA of 33.19. In comparison to its peers, Standex's P/E ratio is notably higher than Nextracker, Inc. at 18.75 and Itron, Inc. at 20.02, both of which are considered attractive.
Despite its high valuation, Standex has shown strong stock performance, with a year-to-date return of 24.81%, significantly outpacing the S&P 500's return of 13.30% in the same period. This performance, however, does not mitigate the concerns regarding its elevated valuation metrics compared to industry peers.