Is JBM Auto overvalued or undervalued?

As of 16 October 2024, JBM Auto's valuation grade has moved from very expensive to expensive, indicating a slight improvement in its perceived value but still reflecting a high valuation. The company is currently considered overvalued based on its financial metrics. Key ratios include a PE ratio of 83.26, an EV to EBITDA of 28.44, and a Price to Book Value of 12.45, all of which are significantly higher than industry norms.
In comparison to its peers, JBM Auto's PE ratio is substantially higher than Samvardh. Mothe. at 29.14 and Bosch at 46.21, both of which are also categorized as expensive. The PEG ratio of 6.45 further emphasizes the overvaluation, especially when compared to Samvardh. Mothe.'s more attractive PEG of 1.03. While JBM Auto has shown strong returns over the long term, including a remarkable 238.19% return over three years, its recent performance has lagged behind the Sensex, with a 1-year return of -27.14% compared to the Sensex's 7.58%.