Is Manaksia Coated overvalued or undervalued?

As of 16 July 2025, the valuation grade for Manaksia Coated has moved from expensive to very expensive. The company is currently overvalued based on its high valuation metrics. Key ratios include a PE ratio of 99.81, a Price to Book Value of 6.37, and an EV to EBITDA of 29.04, all of which indicate significant overvaluation compared to industry standards.
In comparison to its peers, Manaksia Coated's PE ratio is substantially higher than Rail Vikas at 62.38 and Tube Investments at 83.84, both of which are also classified as very expensive. The company's recent stock performance has outpaced the Sensex, with a 1-year return of 137.70% compared to the Sensex's 2.38%, but this does not mitigate the overvaluation indicated by its ratios.