Is Permanent Magnet overvalued or undervalued?

As of 8 August 2025, the valuation grade for Permanent Magnet has moved from expensive to very expensive, indicating a significant increase in perceived valuation. The company is currently considered overvalued. Key ratios include a PE Ratio of 49.38, an EV to EBITDA of 25.62, and a Price to Book Value of 5.79, all of which are substantially higher than industry norms.
In comparison to peers, Permanent Magnet's PE Ratio is lower than Rail Vikas at 54.8 but higher than AIA Engineering at 27.48, suggesting it is priced at a premium despite its high valuation grade. The PEG Ratio stands at 0.00, indicating no growth expectations are priced in, which is unusual. While the company's stock has outperformed the Sensex over the past three years with a return of 176.56% compared to the Sensex's 35.69%, the current valuation metrics suggest that investors may be overestimating future growth potential.