Is Batliboi overvalued or undervalued?

As of 7 November 2025, Batliboi's valuation grade has moved from very expensive to expensive, indicating a slight improvement in its perceived value. However, the company remains overvalued with a PE ratio of 103.94, an EV to EBITDA of 56.71, and a Price to Book Value of 2.94. These ratios suggest that Batliboi's stock price is not justified by its earnings and book value when compared to its peers.
In comparison, Rail Vikas has a PE ratio of 55.79 and an EV to EBITDA of 68.25, while Tube Investments shows a PE of 91.93 and an EV to EBITDA of 19.64. These figures highlight that Batliboi's valuation remains significantly higher than many of its competitors. Despite a strong recent performance, with a 1-month return of 47.08% compared to the Sensex's 1.57%, the overall valuation metrics indicate that Batliboi is overvalued in the current market context.