Is Cubex Tubings overvalued or undervalued?

As of 12 June 2025, the valuation grade for Cubex Tubings has moved from attractive to fair, indicating a shift in its perceived value. The company is currently fairly valued based on its metrics, with a PE ratio of 24.12, an EV to EBITDA of 17.09, and a PEG ratio of 0.36. Comparatively, Hindustan Zinc, which is considered very expensive, has a PE ratio of 20.97, while Vedanta, rated very attractive, has a significantly lower PE ratio of 13.21.
In the context of recent performance, Cubex Tubings has outperformed the Sensex with a year-to-date return of 31.76% compared to the Sensex's 4.55%. This strong performance may suggest that the market is still optimistic about the company's growth prospects despite the current fair valuation. Overall, while Cubex Tubings is not undervalued, its ratios indicate it is positioned reasonably within its peer group.