Is Elegant Marbles overvalued or undervalued?

As of 26 September 2025, the valuation grade for Elegant Marbles has moved from expensive to fair. The company is currently fairly valued based on its financial ratios, which include a PE ratio of 18.42, a price to book value of 0.59, and an EV to EBITDA of 18.58. These figures suggest a more balanced valuation compared to its peers.
In the peer comparison, Elegant Marbles stands out with a PE ratio of 18.42, while Elitecon International is considered very expensive with a PE of 492.47, and Optiemus Infra is also fair with a PE of 88.2. Notably, Elegant Marbles has shown a strong performance over the long term, with a three-year return of 100.52%, significantly outperforming the Sensex's 40.74% during the same period. Overall, Elegant Marbles appears to be fairly valued in the current market context.