Is Conart Engineers overvalued or undervalued?

As of 15 July 2025, the valuation grade for Conart Engineers has moved from fair to expensive. The company is currently overvalued based on its financial metrics. Key ratios include a PE ratio of 30.05, an EV to EBITDA of 17.72, and a ROE of 8.76%.
In comparison to its peers, Larsen & Toubro has a PE ratio of 32.75 and an EV to EBITDA of 16.70, indicating it is relatively more attractive. Other peers like IRB Infrastructure Development also show a higher PE of 38, further emphasizing Conart's overvaluation. Despite a strong one-year stock return of 72.17% compared to the Sensex's 2.36%, the current valuation suggests that investors should exercise caution.