Is Kesar Petroprod. overvalued or undervalued?

As of 29 September 2025, the valuation grade for Kesar Petroprod. has moved from very expensive to expensive, indicating a slight improvement in its perceived valuation. The company is currently considered overvalued based on its financial metrics. Key ratios include a PE ratio of 21.90, an EV to EBIT of 19.51, and a Price to Book Value of 2.24, which suggest that the stock is trading at a premium compared to its earnings and book value.
In comparison to its peers, Kesar Petroprod. has a PE ratio significantly lower than Elitecon International's 467.91 and higher than PTC India's attractive valuation of 7.86. The PEG ratio of 0.23 indicates potential growth, but the overall high valuation metrics suggest that the stock may not be a compelling buy at current levels. Notably, Kesar Petroprod. has outperformed the Sensex over the past year with a return of 79.25%, contrasting with the Sensex's decline of 6.08%, which may have contributed to its elevated valuation.