Is Fluidomat overvalued or undervalued?

As of 15 November 2023, Fluidomat's valuation grade has moved from expensive to very expensive, indicating a significant shift in its perceived market value. The company is currently considered overvalued. Key ratios reveal a PE ratio of 23.88, an EV to EBITDA of 19.22, and a PEG ratio of 0.34, which suggests that despite a low PEG, the overall valuation metrics are elevated compared to industry norms.
In comparison to its peers, Fluidomat's PE ratio is notably lower than that of Rail Vikas at 69.76 and Tube Investments at 87.5, both of which are also classified as very expensive. However, the disparity in valuation suggests that Fluidomat may not justify its current price level given the high valuations in the market. Additionally, Fluidomat has outperformed the Sensex significantly over the past year with a return of 85.25% compared to the Sensex's 7.58%, which may have contributed to its inflated valuation.