Is AKG Exim overvalued or undervalued?

As of 18 September 2025, the valuation grade for AKG Exim has moved from very attractive to attractive, indicating a shift in market perception. The company is currently considered overvalued based on its high PE ratio of 39.97 and EV to EBIT ratio of 50.29, which are significantly higher than its peers. For comparison, Elitecon International, classified as very expensive, has a PE ratio of 406.28, while PTC India, deemed very attractive, has a much lower PE ratio of 8.32.
In addition to the headline ratios, AKG Exim's Price to Book Value stands at 0.76, suggesting that the market is pricing the company's assets at a discount. However, with a ROCE of only 2.28% and ROE of 1.55%, the company's returns are underwhelming compared to the industry standards. Recent stock performance shows that AKG Exim has underperformed the Sensex significantly over the past year, with a return of -43.19% compared to the Sensex's 0.18%, reinforcing the notion that the stock may be overvalued at its current price of 12.56.