Is GTV Engineering overvalued or undervalued?

As of 16 October 2025, the valuation grade for GTV Engineering has moved from very expensive to expensive, indicating a slight improvement in its perceived value. The company is currently considered overvalued based on its financial metrics. Key ratios include a PE ratio of 24.55, an EV to EBITDA of 16.33, and a PEG ratio of 0.18, which suggests that while the company may have growth potential, its current price does not adequately reflect that potential.
In comparison to its peers, GTV Engineering's PE ratio is significantly lower than that of Rail Vikas at 58.8 and Tube Investments at 94.71, both categorized as very expensive. However, it is still higher than Ircon International, which is considered attractive with a PE ratio of 24.31. Despite GTV Engineering's strong stock performance, with a year-to-date return of 136.47% compared to the Sensex's 6.82%, the current valuation metrics suggest that the stock is overvalued in the context of its industry peers.