Is Teledyne Technologies, Inc. overvalued or undervalued?

As of 22 August 2025, the valuation grade for Teledyne Technologies, Inc. moved from expensive to fair. Based on the current metrics, the company appears fairly valued. Key ratios include a P/E ratio of 27, an EV to EBITDA of 19.66, and a Price to Book Value of 2.39. In comparison, a peer like Northrop Grumman has a P/E of 29.71, indicating that Teledyne is competitively priced within its industry.
While Teledyne's recent stock performance shows a year-to-date return of 21.22%, outperforming the S&P 500's 12.22%, its longer-term returns of 51.51% over three years and 73.08% over five years lag behind the S&P 500's 70.41% and 96.61%, respectively. This suggests that while the stock is currently fairly valued, it may face challenges in maintaining its growth momentum relative to broader market indices.