Is Jupiter Wagons overvalued or undervalued?

As of 11 July 2025, Jupiter Wagons has moved from a valuation grade of very expensive to expensive. The company is currently considered overvalued, with a PE ratio of 41.16, a Price to Book Value of 5.71, and an EV to EBITDA ratio of 26.85. In comparison to its peers, Samvardhan Motherson, which is rated attractive, has a significantly lower PE ratio of 27.9, while Bosch, rated expensive, has a much higher PE ratio of 53.59.
The company's financial performance indicates a high PEG ratio of 3.44, suggesting that growth expectations may not justify the current price. Additionally, recent stock performance shows a decline of 26.02% year-to-date, contrasting sharply with a 5.58% gain in the Sensex, reinforcing the notion that Jupiter Wagons is overvalued in the current market environment.