Is Agarwal Float overvalued or undervalued?

As of 7 November 2025, Agarwal Float's valuation grade has moved from expensive to very expensive, indicating a significant deterioration in its valuation outlook. The company is currently assessed as overvalued. Key ratios include a PE ratio of 12.76, an EV to EBITDA of 9.90, and a ROE of 16.58%.
In comparison to peers, Agarwal Float's PE ratio is notably lower than Elitecon International's staggering 378.62, but it is still higher than PTC India's attractive valuation of 7.9. The recent stock performance has been poor, with a year-to-date decline of 21.88%, contrasting sharply with the Sensex's gain of 7.81% during the same period, further reinforcing the overvaluation narrative.