Is Vishay Precision Group, Inc. overvalued or undervalued?

As of 20 June 2025, the valuation grade for Vishay Precision Group, Inc. has moved from attractive to expensive, indicating a shift in perception regarding its market valuation. The company is currently considered overvalued. Key financial ratios reflect this assessment, with a P/E ratio of 107, an EV to EBIT of 31.94, and a ROCE of only 3.85%, which are significantly higher than industry norms.
In comparison to peers, Knowles Corp. has a P/E ratio of 116.75 and an EV to EBITDA of 16.31, while Bel Fuse, Inc. shows a more reasonable P/E of 27.60 and an EV to EBITDA of 18.36. These comparisons highlight that Vishay Precision's valuation metrics are not only elevated compared to its direct competitors but also suggest a lack of justification for such high multiples given its low return metrics. The company's recent stock performance, particularly its 1-year return of -15.22% versus the S&P 500's 10.26%, further underscores the concerns regarding its current valuation.