Is ATV Projects overvalued or undervalued?

As of 10 October 2025, the valuation grade for ATV Projects has moved from very attractive to fair. This indicates a shift in perception regarding the company's value, suggesting it is currently fairly valued. The key ratios include a PE ratio of 21.91, an EV to EBITDA of 26.38, and a PEG ratio of 0.74, which collectively point towards a balanced valuation in comparison to its peers.
In the peer comparison, ATV Projects stands out with a PE ratio of 21.91, while its fair peer, Ircon International, has a higher PE ratio of 24.87. Notably, Rail Vikas is categorized as expensive with a PE ratio of 59.85, highlighting the relative attractiveness of ATV Projects within its sector. Despite recent stock performance lagging behind the Sensex, particularly with a year-to-date return of -15.90% compared to the Sensex's 5.58%, the overall valuation metrics suggest that ATV Projects is fairly valued at this time.