Is Gem Enviro overvalued or undervalued?

As of 7 November 2025, the valuation grade for Gem Enviro has moved from very attractive to attractive. The company is currently considered overvalued, given its PE ratio of 20.16, EV to EBIT of 15.47, and a Price to Book Value of 2.51. In comparison, Altius Telecom, which is rated very attractive, has a significantly higher PE ratio of 56.22, while Sagility, rated fair, has a PE of 30.38, indicating that Gem Enviro's valuation is not as compelling relative to its peers.
The company's recent performance shows a stark contrast to the Sensex, with a year-to-date return of -58.43% compared to the Sensex's 6.50%. This underperformance, alongside its current valuation metrics, supports the conclusion that Gem Enviro is overvalued in the current market environment.