BMI (Badger Meter) PEG Ratio: 1.54 (As of Jun. 24, 2026) — 65% Below Median


BMI Badger Meter Inc BMI
78 GF Score
Price $135.42
GF Value $216.36
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Badger Meter PEG Ratio?

Badger Meter BMI +5.95% 78 PEG Ratio is 1.54 as of Jun. 24, 2026, which is 65% below its 10-year median of 4.43. GuruFocus rates BMI with a GF Score™ of 78/100 and a GF Value™ of $216.36 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 859 Hardware companies, Badger Meter ranks better than 63.45% on this metric.

PE Ratio without NRI / 5-Year EBITDA Growth Rate*

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The growth rate we use is the 5-Year EBITDA growth rate. As of today, Badger Meter's PE Ratio without NRI is 30.57. Badger Meter's 5-Year EBITDA growth rate is 19.80%. Therefore, Badger Meter's PEG Ratio for today is 1.54.

* The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.


The historical rank and industry rank for Badger Meter's PEG Ratio or its related term are showing as below:

BMI' s PEG Ratio Range Over the Past 10 Years
Min: 1.27   Med: 4.43   Max: 11.98
Current: 1.54


During the past 13 years, Badger Meter's highest PEG Ratio was 11.98. The lowest was 1.27. And the median was 4.43.


BMI's PEG Ratio is ranked better than
63.45% of 859 companies
in the Hardware industry
Industry Median: 2.27 vs BMI: 1.54

Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.


Badger Meter  (NYSE:BMI) PEG Ratio Explanation

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the P/E ratio divided by the growth ratio. He thinks a company with a P/E ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a P/E of 20, instead of a company growing 10% a year with a P/E of 10.


Badger Meter PEG Ratio Related Terms


Badger Meter PEG Ratio Historical Data

* Premium members only.

The historical data trend for Badger Meter's PEG Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Badger Meter PEG Ratio Chart

Badger Meter Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PEG Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.79 6.01 4.39 2.96 1.76

Badger Meter Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PEG Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.29 2.74 1.89 1.76 1.69

BMI vs ITRI, VNT, VPG: PEG Ratio Comparison

For the Scientific & Technical Instruments subindustry, Badger Meter's PEG Ratio, along with its competitors' market caps and PEG Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Badger Meter PEG Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Badger Meter's PEG Ratio distribution charts can be found below:

* The bar in red indicates where Badger Meter's PEG Ratio falls into.


BMI
78GF Score
Badger Meter Inc BMI
PEG Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Badger Meter PEG Ratio Calculation

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The ratio we use is the 5-Year EBITDA growth rate.

Badger Meter's PEG Ratio for today is calculated as

PEG Ratio=PE Ratio without NRI/5-Year EBITDA Growth Rate*
=30.567720090293/19.80
=1.54

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Note: The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.

Frequently Asked Questions Learn more about PEG Ratio →
What does a PEG Ratio of 1.54 mean?
Badger Meter (BMI) has a PEG Ratio of 1.54 as of Jun. 24, 2026. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on Badger Meter and its competitors. This is 65% below median its historical median of 4.43. Over the past decade, Badger Meter's PEG Ratio has ranged from 1.27 to 11.98. According to the industry distribution chart, Badger Meter ranks #314 out of 859 companies in the Hardware industry, placing it in the top 36.6%.
Is Badger Meter's PEG Ratio too high?
Badger Meter's current PEG Ratio of 1.54 is 65% below median its 10-year median of 4.43. Over the past 10 years, this metric has ranged from a low of 1.27 to a high of 11.98. The Hardware industry median PEG Ratio is 2.27. Badger Meter's value of 1.54 is 32.2% below this industry median. Based on the distribution chart, Badger Meter ranks #314 out of 859 companies in the Hardware industry, which is above the industry midpoint. Overall, Badger Meter has a GF Score™ of 78/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Badger Meter's PEG Ratio compare to ITRI and VNT?
According to the Hardware industry distribution chart, Badger Meter ranks #314 out of 859 companies for PEG Ratio. This puts Badger Meter in the upper half of its industry. The industry median PEG Ratio is 2.27. Badger Meter's value of 1.54 is 32.2% below this benchmark. Historically, Badger Meter's own PEG Ratio has ranged from 1.27 to 11.98 over the past decade. While the company's 10-year median is 4.43 vs. the industry median of 2.27, Badger Meter has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PEG Ratio for a Hardware company?
The median PEG Ratio among Hardware companies is 2.27, based on 859 companies in the industry. Companies in the top quartile (top 25%) have a PEG Ratio significantly above this median, while those in the bottom quartile fall well below. However, PEG Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Badger Meter's current PEG Ratio of 1.54 is 32.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PEG Ratio mean?
A high PEG Ratio can signal that a stock is expensive relative to its fundamentals. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on Badger Meter and its competitors. For the Hardware industry, the median PEG Ratio is 2.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Badger Meter's current PEG Ratio is 1.54, which is 65% below median its own 10-year median of 4.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Badger Meter stock overvalued right now?
Based on GuruFocus' analysis, Badger Meter (BMI) is currently considered Significantly Undervalued. The stock's GF Value™ is $216.36, compared to a current price of $135.42 — trading 37.4% below its estimated fair value. The current PEG Ratio is 1.54, which is 65% below median its 10-year median of 4.43 and 32.2% below the Hardware industry median of 2.27. Badger Meter's overall GF Score™ is 78/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PEG Ratio calculated?
PEG Ratio is calculated from a company's financial statements. For Badger Meter (BMI), the current PEG Ratio is 1.54 as of Jun. 24, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Badger Meter (BMI) Overvalued in 2026?

Based on GuruFocus' analysis, Badger Meter stock appears to be undervalued. The current stock price of $135.42 is trading 37.4% below its estimated GF Value™ of $216.36. GuruFocus considers Badger Meter to be Significantly Undervalued.

Key valuation signals for BMI:

  • PEG Ratio: 1.54 (65% below median its 10-year median of 4.43)
  • GF Value™: $216.36 vs. price of $135.42 (37.4% below fair value)
  • GF Score™: 78/100 with 1 warning sign
  • Industry Position: 32.2% below the Hardware median (#314 of 859)

No single metric tells the full story. See the BMI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Badger Meter Business Description

Other Exchanges 33B:Germany
Address 4545 West Brown Deer Road, Milwaukee, WI, USA, 53233
Badger Meter is a provider of water management solutions. The company's solutions encompass measurement and control hardware, connectivity and communication, data visualization and software. Badger Meter has global operations, with the vast majority of revenue derived from the US.
78GF Score

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PEG Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$135.42
Price
$216.36
GF Value