Is Sterling Infrastructure, Inc. overvalued or undervalued?

As of 10 October 2025, Sterling Infrastructure, Inc. moved from expensive to fair in its valuation grade. The company appears to be fairly valued at this time. Key ratios include a P/E ratio of 22, an EV to EBITDA of 17.03, and a PEG ratio of 0.28, which suggests strong growth potential relative to its price. In comparison, peers such as APi Group Corp. have a significantly higher P/E of 87.46, while TopBuild Corp. shows a fair valuation with a P/E of 24.98.
The stock has outperformed the S&P 500 significantly over multiple periods, with a year-to-date return of 99.84% compared to the S&P 500's 11.41%, and an impressive 5-year return of 2145.70% against the S&P 500's 88.45%. This strong performance supports the notion that Sterling Infrastructure is fairly valued in the current market context.