Is Jupiter Wagons overvalued or undervalued?

As of 26 August 2025, Jupiter Wagons has moved from a valuation grade of very expensive to expensive. The company is currently considered overvalued. Key ratios include a PE ratio of 43.28, an EV to EBITDA of 27.48, and a ROCE of 20.69%.
In comparison to its peers, Bosch has a higher PE ratio of 52.5 and an EV to EBITDA of 47.44, while Samvardhan Motherson stands out as attractive with a PE of 28.74 and an EV to EBITDA of 10.65. Despite recent stock performance showing a 39.49% decline over the past year compared to a slight drop in the Sensex, the valuation metrics suggest that Jupiter Wagons remains overpriced relative to its peers.