Is GTV Engineering overvalued or undervalued?

As of 27 October 2025, GTV Engineering's valuation grade 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 ratios. The PE ratio stands at 24.75, while the EV to EBITDA ratio is 16.48, both of which are high relative to industry norms. Additionally, the PEG ratio is notably low at 0.18, suggesting that growth expectations may not justify the current price.
When comparing GTV Engineering to its peers, Rail Vikas has a significantly higher PE ratio of 57.73, while Ircon International, which is rated attractive, has a PE of 23.95. This highlights that GTV's valuation is on the higher side compared to some competitors, despite being lower than the most expensive peers like Tube Investments and Craftsman Auto. Furthermore, GTV Engineering has outperformed the Sensex significantly over the past year, with a return of 156.51% compared to the Sensex's 6.77%, which may contribute to the perception of overvaluation.