Is The Gorman-Rupp Co. overvalued or undervalued?

As of 25 July 2025, The Gorman-Rupp Co. has moved from a fair to attractive valuation grade, indicating a shift towards being undervalued. The company appears to be undervalued with a P/E ratio of 23, a Price to Book Value of 2.65, and an EV to EBITDA of 11.12, which are favorable compared to its peers. For instance, ACM Research, Inc. has a lower P/E of 12.76 and a more attractive EV to EBITDA of 9.59, while Enerpac Tool Group Corp. is at a higher P/E of 34.53.
In terms of recent performance, The Gorman-Rupp Co. has outperformed the S&P 500 with a year-to-date return of 17.48% compared to the index's 12.22%. This performance, along with its attractive valuation ratios, supports the conclusion that the company is currently undervalued in the industrial manufacturing sector.