Is Jupiter Wagons overvalued or undervalued?

As of 10 October 2025, the valuation grade for Jupiter Wagons has moved from expensive to very expensive, indicating a significant increase in perceived overvaluation. The company is currently assessed as overvalued based on its high PE ratio of 43.94, an EV to EBITDA ratio of 27.90, and a Price to Book Value of 5.15. These ratios suggest that the stock is trading at a premium compared to its earnings and book value.
In comparison to its peers, Jupiter Wagons' valuation stands out unfavorably; for instance, Bosch has a PE ratio of 51.17 and an EV to EBITDA of 46.23, while Samvardhana Motherson is more attractively valued with a PE of 32.17 and an EV to EBITDA of 11.80. Additionally, the company's recent stock performance has been lackluster, with a year-to-date return of -33.26%, contrasting sharply with the Sensex's gain of 5.58% over the same period. This further reinforces the conclusion that Jupiter Wagons is currently overvalued.