Is Agarwal Float overvalued or undervalued?

As of 30 October 2025, the valuation grade for Agarwal Float has moved from expensive to very expensive, indicating a significant shift in its perceived market value. The company is currently overvalued based on its financial ratios, with a PE ratio of 13.83, an EV to EBIT of 10.59, and an EV to EBITDA of 10.48. These ratios suggest that the stock is trading at a premium compared to its earnings and cash flow generation capabilities.
In comparison to its peers, Agarwal Float's valuation stands out unfavorably. For instance, Elitecon International has a PE ratio of 328.81, while PTC India, which is rated very attractive, has a much lower PE of 8.08. The disparity in valuations highlights that Agarwal Float is not only overvalued relative to its own historical performance but also when compared to more reasonably priced competitors. Additionally, the company's stock has underperformed against the Sensex over various periods, notably a year-to-date decline of 15.38% compared to the Sensex's gain of 9.44%, reinforcing the notion that it is currently overvalued.