Is Bloom Industries overvalued or undervalued?

As of 4 June 2025, Bloom Industries has moved from an attractive to a fair valuation grade. The company is currently fairly valued, with a PE ratio of 22.61, an EV to EBITDA ratio of 22.03, and a ROCE of 7.31%. In comparison to its peers, National Standar is considered very expensive with a PE ratio of 443.53, while T N Steel Tubes is attractive with a PE ratio of 6.95.
Despite the fair valuation, Bloom Industries has shown a strong performance in the past year, with a stock return of 35.66% compared to the Sensex's 7.62%. However, the company has experienced a year-to-date decline of 12.15%, indicating some volatility. Overall, while Bloom Industries is fairly valued, its performance relative to peers and the market suggests potential for growth if operational efficiencies can be improved.