Is OSEL Devices overvalued or undervalued?

As of 5 September 2025, the valuation grade for OSEL Devices has moved from very expensive to risky. The company is currently assessed as overvalued. Key ratios include a PE ratio of 47.36, an EV to EBITDA ratio of 29.05, and a Price to Book Value of 37.47, all of which are significantly higher than industry norms.
In comparison to peers, OSEL Devices' PE ratio is notably lower than Kaynes Tech's 144.57 and Honeywell Auto's 61.23, but it still reflects a premium valuation within its category. The PEG ratio stands at 0.00, indicating no growth expectations priced into the stock, which is concerning. Despite a strong return on equity (ROE) of 79.12% and return on capital employed (ROCE) of 70.19%, the high valuation ratios suggest that the stock may not be justified at its current price of 588.70, especially in light of the recent stock performance compared to the Sensex.