Is Agarwal Float overvalued or undervalued?

As of 24 October 2025, the valuation grade for Agarwal Float has moved from very expensive to expensive, indicating a slight improvement in its perceived valuation. However, the company is still considered overvalued at this stage. Key ratios include a PE ratio of 13.61, an EV to EBIT of 10.48, and a ROE of 16.58%.
In comparison to its peers, Agarwal Float's PE ratio is significantly lower than Elitecon International, which has a PE ratio of 358.65, but still higher than PTC India, which is very attractive with a PE of 7.94. The company's recent stock performance has been poor, with a year-to-date return of -16.68%, contrasting sharply with the Sensex's return of 9.09% during the same period, reinforcing the notion that Agarwal Float is currently overvalued.