Is TTM Technologies, Inc. overvalued or undervalued?

As of 17 October 2025, the valuation grade for TTM Technologies, Inc. has moved from attractive to very expensive. This suggests that the company is currently overvalued. Key valuation ratios include a P/E ratio of 37, an EV to EBITDA of 11.71, and a PEG ratio of 0.62, which indicates that despite a relatively low growth expectation, the stock is trading at a premium compared to its earnings growth potential.
In comparison to peers, TTM Technologies, Inc. has a higher P/E ratio than Camtek Ltd. at 30.24 and Bel Fuse, Inc. at 38.21, while its EV to EBITDA is significantly lower than Knowles Corp. at 20.30. The company's recent stock performance has been impressive, with a year-to-date return of 130.95% compared to the S&P 500's 13.30%, reinforcing the notion that while the stock has performed well, it may be priced too high relative to its fundamentals.