Is ATV Projects overvalued or undervalued?

As of 14 November 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 may be fairly valued at this time. The company's PE ratio stands at 22.71, while its EV to EBITDA ratio is 27.00, and the PEG ratio is 0.74, which indicates a relatively favorable growth expectation compared to its price.
In comparison to peers, ATV Projects is positioned against Rail Vikas, which is considered expensive with a PE ratio of 58.94, and Craftsman Auto, which is also rated fair with a PE of 61.32. This peer comparison highlights that while ATV Projects is not undervalued, it is also not overvalued relative to its immediate competition. The recent stock performance shows a strong 1-week return of 8.30%, significantly outpacing the Sensex's 1.62% return, which may suggest positive market sentiment despite the overall fair valuation.