Is Ircon Intl. overvalued or undervalued?

As of 12 August 2025, the valuation grade for Ircon International has moved from fair to attractive, indicating a positive shift in its valuation outlook. The company is currently assessed as undervalued, supported by a PE ratio of 23.52, an EV to EBITDA ratio of 18.66, and a PEG ratio of 0.00, which suggests strong growth potential relative to its price.
In comparison to its peers, Ircon International's valuation appears favorable; for instance, Rail Vikas has a significantly higher PE ratio of 53.54, while AIA Engineering stands at 27.6. Despite recent stock performance showing a decline of 38.61% over the past year against a 0.74% rise in the Sensex, the long-term perspective remains strong with a 310.95% return over three years, reinforcing the attractiveness of the current valuation.