Is IFGL Refractori. overvalued or undervalued?

As of 27 June 2025, the valuation grade for IFGL Refractori. has moved from fair to expensive, indicating that the company is currently overvalued. The key ratios reflect this assessment, with a PE Ratio of 43.40, an EV to EBIT of 34.37, and a Price to Book Value of 1.69, all of which are significantly higher than industry norms.
In comparison to its peers, IFGL Refractori. has a PE Ratio that is slightly lower than Vesuvius India at 44.21 but higher than RHI Magnesita, which stands at 49.16. Additionally, while IFGL's EV to EBITDA is 14.93, RHI Magnesita's is 21.36, further illustrating the premium at which IFGL is trading. Despite a recent strong performance with a YTD return of 12.78% compared to the Sensex's 7.58%, the overall valuation metrics suggest that the stock is overvalued in its current market position.