Is Indo Farm Equip. overvalued or undervalued?

As of 14 November 2025, the valuation grade for Indo Farm Equip. has moved from expensive to very expensive. The company is currently overvalued based on its high valuation ratios, including a PE ratio of 46.17, an EV to EBITDA of 22.93, and a Price to Book Value of 1.99. These figures indicate that the stock is trading at a premium compared to its earnings and book value, suggesting that investors are paying significantly more for each unit of earnings and asset value.
In comparison to its peers, Indo Farm Equip. stands out with a much higher PE ratio than Escorts Kubota at 27.24 and VST Till. Tract. at 51.67, both of which are categorized as expensive. Additionally, the company's PEG ratio is notably at 0.00, which is atypical and raises concerns about growth expectations. Recent stock performance has been underwhelming, with a 1-week return of -5.4% compared to a 1.62% gain in the Sensex, further reinforcing the notion that the stock may not justify its current valuation.