Is Marine Electric. overvalued or undervalued?

As of 13 November 2025, the valuation grade for Marine Electric has moved from expensive to very expensive, indicating a significant increase in perceived valuation. The company is currently considered overvalued, with a PE ratio of 72.81, a Price to Book Value of 7.91, and an EV to EBITDA ratio of 43.06. These ratios suggest that the stock is trading at a premium compared to its earnings and book value.
In comparison to its peers, Marine Electric's valuation metrics are notably higher; for instance, Rail Vikas has a PE ratio of 57.69 and an EV to EBITDA of 72.83, while Tube Investments shows a PE of 93.82 with a much lower EV to EBITDA of 29.91. This stark contrast reinforces the notion that Marine Electric is overvalued in its sector. Although the company has shown strong returns over the past three years, outperforming the Sensex significantly, the current valuation metrics suggest that investors may be paying too much for future growth potential.