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, an EV to EBITDA of 63.01, and a Price to Book Value of 4.43. In comparison, peers such as Camtek Ltd. and Bel Fuse, Inc. have more reasonable P/E ratios of 30.24 and 38.21, respectively, suggesting that Vicor Corp. is trading at a premium relative to its industry.
Despite the overvaluation, Vicor Corp. has shown strong short-term performance, with a 1-year return of 39.56%, significantly outperforming the S&P 500's return of 14.08% over the same period. However, its long-term performance has been concerning, as it has underperformed the S&P 500 over the 3-year and 5-year periods. Overall, Vicor Corp. is currently overvalued based on its valuation metrics and peer comparisons.