Is Ircon Intl. overvalued or undervalued?

As of 16 May 2025, the valuation grade for Ircon International Ltd. has moved from attractive to fair. This indicates that the company is currently fairly valued. The key ratios include a PE ratio of 28.25, an EV to EBITDA of 23.27, and a dividend yield of 1.35%.
In comparison to its peers, Ircon's PE ratio aligns with the industry average, while its EV to EBITDA ratio is also competitive. Notably, the PEG ratio stands at 0.00, suggesting potential growth concerns. Recent stock performance shows that over the past week, the company has returned 12.57%, significantly outpacing the Sensex's return of 1.36%. However, over the past year, Ircon has underperformed with a return of -12.5% compared to the Sensex's 7.55%.