Is Carborundum Uni. overvalued or undervalued?

As of 7 November 2025, the valuation grade for Carborundum Universal has moved from expensive to very expensive, indicating a significant shift in its perceived value. The company is currently considered overvalued. Key ratios include a PE Ratio of 60.09, an EV to EBITDA of 28.78, and a Price to Book Value of 4.95, all of which suggest that the stock is trading at a premium compared to its earnings and assets.
In comparison to its peers, Carborundum Universal's PE Ratio is notably higher than Grindwell Norton's 46.67 and Wendt India's 60.82, while both companies also exhibit high valuations. The PEG Ratio stands at 0.00, indicating no growth expectations priced into the stock, which is concerning given the high valuation metrics. Recent stock performance shows a decline of 28.41% year-to-date, contrasting sharply with the Sensex's gain of 6.50%, further reinforcing the notion that the stock is overvalued in the current market environment.