Is Permanent Magnet overvalued or undervalued?

As of 8 August 2025, the valuation grade for Permanent Magnet has moved from expensive to very expensive. This indicates that the company is currently overvalued. The key ratios highlight this valuation concern, with a PE ratio of 49.38, an EV to EBIT of 40.14, and a Price to Book Value of 5.79.
When compared to peers, Permanent Magnet's valuation stands out as particularly high; for instance, Rail Vikas has a PE ratio of 54.8 and an EV to EBITDA of 63.34, while AIA Engineering shows a PE of 27.48 and an EV to EBITDA of 22.08, both indicating more reasonable valuations in comparison. Despite a strong return of 176.56% over the past three years, the current valuation metrics suggest that Permanent Magnet may not sustain its high price levels in the long term.