Is Josts Engg. Co. overvalued or undervalued?

As of 12 September 2025, the valuation grade for Josts Engineering Co. has moved from very attractive to attractive, indicating a shift in market perception. The company is currently considered fairly valued. Key ratios include a PE ratio of 27.49, an EV to EBITDA of 15.16, and a ROCE of 31.01%.
In comparison to its peers, Josts Engineering Co. has a more favorable valuation than Rail Vikas, which is deemed expensive with a PE ratio of 59.18, and Tube Investments, which is very expensive at a PE ratio of 96.36. Despite recent stock performance showing a significant decline year-to-date of 37.32% compared to a 4.82% gain in the Sensex, the company’s strong ROCE and competitive positioning suggest it remains a solid investment in the industrial manufacturing sector.