Is Inv.& Prec.Cast. overvalued or undervalued?

As of 19 September 2025, the valuation grade for Inv. & Prec. Cast. has moved from fair to expensive. The company is currently overvalued, with a PE ratio of 78.59, an EV to EBITDA ratio of 24.17, and a Price to Book Value of 5.15. In comparison, Bharat Forge, which is rated fair, has a PE ratio of 59.16 and an EV to EBITDA of 24.65, while CIE Automotive, rated attractive, shows a significantly lower PE ratio of 21.26 and an EV to EBITDA of 12.57.
The company's financial metrics indicate that it is trading at a premium compared to its peers, suggesting a lack of justification for its high valuation. Despite a strong historical performance over the long term, recent returns show a decline, with a year-to-date return of -1.76% compared to the Sensex's 5.74%. This further reinforces the conclusion that Inv. & Prec. Cast. is overvalued in the current market environment.