Is Expo Engineering overvalued or undervalued?

As of 7 November 2025, the valuation grade for Expo Engineering has moved from fair to attractive, indicating a positive shift in its perceived value. 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 PE Ratio is significantly lower than Rail Vikas, which stands at 55.79, and Tube Investments, which has a PE of 91.93, both categorized as expensive. Additionally, the company's EV to EBITDA ratio is more favorable than that of its peers, further supporting the undervaluation thesis. While Expo Engineering's recent stock performance has lagged behind the Sensex in the short term, its long-term returns, particularly over three and five years, have vastly outperformed the index, reinforcing the attractiveness of its current valuation.