Is M & B Engineer. overvalued or undervalued?

As of 29 August 2025, the valuation grade for M & B Engineer. has moved from does not qualify to very expensive, indicating a significant shift in its perceived value. The company is currently deemed overvalued, with a PE ratio of 33.43, a Price to Book Value of 7.87, and an EV to EBITDA ratio of 21.16. These ratios suggest that the stock is trading at a premium compared to its earnings and book value.
In comparison to its peers, M & B Engineer. stands out with a higher PE ratio than JSW Steel, which has a PE of 49.05, and Tata Steel, which has a PE of 39.73, both of which are considered fairly valued or attractive. Additionally, M & B Engineer.'s PEG ratio of 0.00 further emphasizes its overvaluation, as it indicates no expected growth. The company's recent stock performance has lagged behind the Sensex, with a 1-week return of -7.04% compared to the Sensex's -1.84%, reinforcing the notion that the stock may be overpriced in the current market environment.