Keysight TechnologiesKEYS -0.04%82 PEG Ratio is 8.84 as of Jul. 12, 2026, which is 103% above its 10-year median of 4.35. GuruFocus rates KEYS with a GF Score™ of 82/100 and a GF Value™ of $200.16 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 853 Hardware companies, Keysight Technologies ranks worse than 83.35% on this metric.
* 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 Keysight Technologies's PEG Ratio or its related term are showing as below:
KEYS'
s PEG Ratio Range Over the Past 10 Years
Min: 0.42 Med: 4.35 Max: 29.13
Current: 8.85
During the past 13 years, Keysight Technologies's highest PEG Ratio was 29.13. The lowest was 0.42. And the median was 4.35.
KEYS's PEG Ratio is ranked worse than 83.35% of 853
companies
in the Hardware industry
Industry Median: 2.22
vs KEYS: 8.85
Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.
Keysight Technologies (NYSE:KEYS) 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.
* 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.
For the Scientific & Technical Instruments subindustry, Keysight Technologies'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.
Keysight Technologies PEG Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Keysight Technologies's PEG Ratio distribution charts can be found below:
* The bar in red indicates where Keysight Technologies's PEG Ratio falls into.
* 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.
Keysight Technologies (KEYS) has a PEG Ratio of 8.84 as of Jul. 12, 2026. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on Keysight Technologies and its competitors. This is 103% above median its historical median of 4.35. Over the past decade, Keysight Technologies' PEG Ratio has ranged from 0.42 to 29.13. According to the industry distribution chart, Keysight Technologies ranks #711 out of 853 companies in the Hardware industry, placing it in the top 83.4%.
Is Keysight Technologies' PEG Ratio too high?
Keysight Technologies' current PEG Ratio of 8.84 is 103% above median its 10-year median of 4.35. Over the past 10 years, this metric has ranged from a low of 0.42 to a high of 29.13. The Hardware industry median PEG Ratio is 2.22. Keysight Technologies' value of 8.84 is 298.2% above this industry median. Based on the distribution chart, Keysight Technologies ranks #711 out of 853 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Keysight Technologies has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Keysight Technologies' PEG Ratio compare to GRMN and COHR?
According to the Hardware industry distribution chart, Keysight Technologies ranks #711 out of 853 companies for PEG Ratio. This places Keysight Technologies in the lower half of its industry. The industry median PEG Ratio is 2.22. Keysight Technologies' value of 8.84 is 298.2% above this benchmark. Historically, Keysight Technologies' own PEG Ratio has ranged from 0.42 to 29.13 over the past decade. While the company's 10-year median is 4.35 vs. the industry median of 2.22, Keysight Technologies has consistently been above 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 2.22, based on 853 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. Keysight Technologies's current PEG Ratio of 8.84 is 298.2% above 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 Keysight Technologies and its competitors. For the Hardware industry, the median PEG Ratio is 2.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Keysight Technologies's current PEG Ratio is 8.84, which is 103% above median its own 10-year median of 4.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Keysight Technologies stock overvalued right now?
Based on GuruFocus' analysis, Keysight Technologies (KEYS) is currently considered Significantly Overvalued. The stock's GF Value™ is $200.16, compared to a current price of $322.05 — trading 60.9% above its estimated fair value. The current PEG Ratio is 8.84, which is 103% above median its 10-year median of 4.35 and 298.2% above the Hardware industry median of 2.22. Keysight Technologies' overall GF Score™ is 82/100 with 3 warning signs 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 Keysight Technologies (KEYS), the current PEG Ratio is 8.84 as of Jul. 12, 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 Keysight Technologies (KEYS) Overvalued in 2026?
Based on GuruFocus' analysis, Keysight Technologies stock appears to be overvalued.
The current stock price of $322.05 is trading 60.9% above its estimated GF Value™ of $200.16.
GuruFocus considers Keysight Technologies to be Significantly Overvalued.
Key valuation signals for KEYS:
PEG Ratio: 8.84 (103% above median its 10-year median of 4.35)
GF Value™: $200.16 vs. price of $322.05 (60.9% above fair value)
Industry Position: 298.2% above the Hardware median (#711 of 853)
No single metric tells the full story. See the KEYS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Keysight Technologies is a leader in the field of testing and measurement, helping electronics OEMs and suppliers alike bring products to market to fit industry standards and specifications. Keysight specializes in the communications market, but also supplies into the government, automotive, industrial, and semiconductor manufacturing markets. Keysight's solutions include testing tools, analytical software, and services. The firm's stated objective is to reduce time to market and improve efficiency at its more than 30,000 customers.
82GF Score
Get the complete analysis for KEYS
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