Is Nirmitee Robotic overvalued or undervalued?

As of 22 September 2025, the valuation grade for Nirmitee Robotic has moved from risky to very expensive. This indicates a significant shift in the perception of the company's value. The company is currently considered overvalued, with a PE ratio of 36.01, an EV to EBITDA of 31.51, and a Price to Book Value of 6.94. These ratios suggest that the stock is trading at a premium compared to its earnings and book value.
In comparison to its peers, Nirmitee Robotic's valuation appears high, especially when looking at Altius Telecom, which has a PE ratio of 55.85, and Embassy Off.REIT at 24.22. The average PE ratio among its peers indicates that Nirmitee is positioned at the higher end of the spectrum, reinforcing the notion of overvaluation. Additionally, while Nirmitee has outperformed the Sensex in the past year with a return of 32.28% compared to the Sensex's -2.82%, this performance does not justify its current valuation levels.