Is Macpower CNC overvalued or undervalued?

As of 17 November 2025, Macpower CNC's valuation grade has moved from fair to expensive, indicating a shift in perception regarding its market value. The company is currently considered overvalued. Key ratios include a PE ratio of 35.54, an EV to EBITDA ratio of 22.33, and a Price to Book Value of 6.31, all of which suggest a premium valuation compared to its peers.
In comparison to its industry peers, Macpower CNC's PE ratio is notably higher than that of Thermax, which stands at 60.51, and BEML Ltd, with a PE of 56.55, both categorized as expensive. Additionally, while Macpower CNC has shown strong returns over the long term, its recent performance has lagged behind the Sensex, with a year-to-date return of -34.95% compared to the Sensex's 10.02%. This further reinforces the view that the stock may be overvalued in the current market environment.