Is Josts Engg. Co. overvalued or undervalued?

As of 15 September 2025, the valuation grade for Josts Engineering Co. has moved from attractive to very attractive, indicating a positive shift in its perceived value. The company is currently considered undervalued, especially when compared to its peers. Key ratios include a PE ratio of 27.09, an EV to EBITDA of 14.94, and a ROCE of 31.01%, which highlight its strong profitability and operational efficiency.
In comparison to its peers, Josts Engineering Co. has a more favorable valuation profile than companies like Rail Vikas, which is considered expensive with a PE ratio of 60.81, and Tube Investments, which is very expensive at a PE of 100.08. Despite recent stock performance showing a decline of 40.73% over the past year, the company has outperformed the Sensex, which declined by only 1.33% during the same period. This suggests that while the stock has faced challenges, its underlying value remains compelling in the industrial manufacturing sector.