Is Vicor Corp. overvalued or undervalued?

As of 17 October 2025, the valuation grade for Vicor Corp. has moved from attractive to fair, indicating a shift in its perceived value. The company appears to be overvalued based on its high valuation ratios, including a P/E ratio of 101, a Price to Book Value of 4.43, and an EV to EBITDA of 63.01. In comparison, peers such as TTM Technologies, Inc. have a P/E of 45.23 and Camtek Ltd. has an EV to EBITDA of 30.31, suggesting that Vicor Corp. is trading at a premium relative to its industry counterparts.
Despite the overvaluation, Vicor Corp. has shown strong recent performance, with a 1-year stock return of 39.56%, significantly outperforming the S&P 500's return of 14.08% over the same period. However, the long-term perspective is concerning, as the 5-year return of -33.14% starkly contrasts with the S&P 500's gain of 91.29%. Overall, Vicor Corp. is currently overvalued in the market.