Is Paramount Specia overvalued or undervalued?

As of 17 October 2025, the valuation grade for Paramount Special has moved from expensive to very expensive. The company is currently considered overvalued. Key ratios include a PE ratio of 17.28, an EV to EBITDA of 10.31, and a ROCE of 11.39%.
In comparison to peers, Paramount's PE ratio is significantly lower than Thermax's 55.98 and BEML Ltd's 61.47, both of which are categorized as very expensive. The company's recent stock performance has been underwhelming, with a year-to-date return of -39.66%, contrasting sharply with the Sensex's gain of 8.73% during the same period. This further reinforces the conclusion that Paramount Special is overvalued in its current market context.