Is Paramount Specia overvalued or undervalued?

As of 23 October 2025, the valuation grade for Paramount Special moved from very expensive to expensive. The company is currently considered overvalued. Key ratios include a PE ratio of 15.65, an EV to EBITDA of 9.44, and a ROE of 8.60%.
In comparison to peers, Paramount Special's PE ratio is significantly lower than that of Thermax, which stands at 56.6, and BEML Ltd, with a PE of 61.28, both of which are categorized as very expensive. The recent stock performance shows a decline of 45.35% year-to-date, contrasting sharply with the Sensex's gain of 9.50% in the same period, reinforcing the overvaluation narrative.