Is Camex overvalued or undervalued?

As of 4 July 2025, the valuation grade for Camex has moved from fair to expensive, indicating a shift in its market perception. The company is currently considered overvalued based on its key financial ratios. The PE ratio stands at 22.68, while the EV to EBITDA ratio is 10.54, and the ROCE is at 8.44%.
In comparison to its peers, Camex's valuation appears high; for instance, PTC India is categorized as very attractive with a PE ratio of 9.32, while Elitecon International and Lloyds Enterprises are deemed very expensive with PE ratios of 176.28 and 202.81, respectively. Additionally, Camex's recent stock performance has been underwhelming, with a year-to-date return of -28.33%, contrasting with the Sensex's gain of 6.77% over the same period, further reinforcing the notion that the stock may be overvalued.