Is Maxvolt Energy overvalued or undervalued?

As of 10 October 2025, Maxvolt Energy's valuation grade has moved from fair to expensive, indicating that the company is currently overvalued. The key ratios supporting this conclusion include a PE ratio of 32.38, an EV to EBITDA ratio of 22.18, and a Price to Book Value of 4.78. Compared to its peers, Maxvolt Energy's valuation appears high, especially when considering Exide Industries with a PE of 40.17 and HBL Engineering at 71.29, both of which are also deemed very expensive.
In light of these factors, Maxvolt Energy is classified as overvalued. Its current price of 300.55 is significantly above its historical lows and reflects a premium compared to peers like Amara Raja Energy, which has a more attractive PE ratio of 23.63. Notably, Maxvolt Energy has outperformed the Sensex in the past week and month, with stock returns of 4.78% and 29.88%, respectively, further complicating the valuation narrative.