Is Konstelec Engg. overvalued or undervalued?

As of 31 October 2025, the valuation grade for Konstelec Engineering has moved from fair to expensive, indicating a shift towards overvaluation. The company is currently assessed as overvalued, with a PE ratio of 21.32, an EV to EBIT of 12.10, and an EV to EBITDA of 11.10. These ratios suggest that the stock is priced higher relative to its earnings and cash flows compared to its peers.
In comparison to its industry peers, Konstelec's PE ratio is notably lower than that of Rail Vikas, which stands at 57.52, and Tube Investments at 89.96, both categorized as expensive. However, it is also higher than Ircon International, which is rated attractive with a PE of 23.89. The recent stock performance shows a significant decline, with a year-to-date return of -48.76%, contrasting sharply with the Sensex's positive return of 8.79% during the same period, reinforcing the notion that Konstelec Engineering is currently overvalued.