Is Expo Engineering overvalued or undervalued?

As of 7 November 2025, Expo Engineering's valuation grade has moved from fair to attractive, indicating a positive shift in its market perception. The company is currently considered undervalued, especially when compared to its peers. Key ratios include a PE ratio of 40.64, an EV to EBITDA of 47.13, and a PEG ratio of 0.14, which suggests strong growth potential relative to its price.
In comparison to its peers, Expo Engineering's valuation metrics stand out. For instance, Rail Vikas has a PE ratio of 55.79, while Tube Investments is at 91.93, both indicating higher valuations. Additionally, Ircon International, another attractive peer, has a significantly lower PE ratio of 23.05. Despite a recent decline in stock performance over the past month, where it fell by 24.38% against a 1.57% gain in the Sensex, the long-term outlook remains strong with a year-to-date return of 8.41% compared to the Sensex's 6.50%.