Is Bondada Engineer overvalued or undervalued?

As of 13 October 2025, the valuation grade for Bondada Engineer has moved from expensive to very expensive, indicating a significant shift in its market perception. The company is currently considered overvalued. Key ratios include a PE Ratio of 44.53, an EV to EBITDA of 30.99, and a Price to Book Value of 12.50, all of which are considerably high compared to industry norms.
In comparison with peers, Bondada Engineer's PE Ratio is lower than Thermax's 56.82 but higher than BEML Ltd's 60.95, both of which are also classified as very expensive. The PEG Ratio of 0.31 suggests potential growth, yet the overall valuation remains steep. Notably, while Bondada Engineer has outperformed the Sensex in the short term, with a 1-week return of 6.07% compared to the Sensex's 0.66%, its year-to-date performance shows a decline of 32.16%, further reinforcing the notion of overvaluation.