Is Dynavision overvalued or undervalued?

As of 10 May 2024, Dynavision's valuation grade has moved from expensive to very expensive, indicating a significant shift in its perceived market value. The company is currently considered overvalued. Key ratios include a PE ratio of 20.25, an EV to EBITDA of 8.87, and a ROCE of 56.10%.
In comparison to its peers, Dynavision's valuation stands out as notably high, especially when juxtaposed with Dixon Technologies, which has a PE ratio of 122.81, and Crompton Greaves Consumer, rated attractive with a PE of 40.79. While Dynavision has shown strong historical returns, particularly over the last five years with a 448.55% increase, its recent performance has lagged behind the Sensex, with a year-to-date decline of 23.46% compared to the Sensex's gain of 5.59%.