Is Exhicon Events overvalued or undervalued?

As of 4 July 2025, Exhicon Events' valuation grade has moved from expensive to very expensive, indicating a significant increase in perceived valuation. The company is currently considered overvalued. Key ratios include a PE ratio of 22.99, an EV to EBITDA of 16.37, and a PEG ratio of 0.23, which suggests that despite high growth expectations, the current price may not justify the earnings growth potential.
In comparison to its peers, Exhicon Events has a higher PE ratio than Embassy Office REIT at 22.87 and a significantly lower PEG ratio than Altius Telecom, which stands at 52.6. This peer comparison reinforces the notion that Exhicon is priced at a premium relative to its earnings growth potential. Furthermore, the company's stock has outperformed the Sensex over various periods, with a remarkable 58.3% return over the past year, which may have contributed to its elevated valuation.