Is Elegant Marbles overvalued or undervalued?

As of 29 September 2025, the valuation grade for Elegant Marbles has moved from fair to expensive, indicating a shift in perception regarding its market valuation. The company is currently assessed as overvalued. Key ratios include a PE Ratio of 18.65, an EV to EBITDA of 18.83, and a Price to Book Value of 0.59, which suggest that the stock is priced higher relative to its earnings and book value compared to its peers.
In comparison to its industry peers, Elegant Marbles' PE Ratio of 18.65 is significantly lower than Elitecon International's exorbitant 467.91, but higher than PTC India's attractive 7.86, which highlights a disparity in valuation within the sector. Additionally, the company's recent performance shows a 5.22% return over the past week, contrasting with a -2.18% return for the Sensex, which may suggest some resilience in the stock despite its overall overvaluation.