Is PG Electroplast overvalued or undervalued?

As of 8 August 2025, PG Electroplast's valuation grade has moved from very expensive to expensive, indicating a slight improvement in its perceived value. The company is currently considered overvalued. Key ratios include a PE ratio of 58.00, an EV to EBITDA of 33.25, and a PEG ratio of 0.60, which suggests that while growth expectations might be factored into the price, the overall valuation remains high compared to earnings.
When compared to peers, PG Electroplast's PE ratio is significantly lower than Dixon Technologies at 116.82 and Amber Enterprises at 90.72, yet it remains higher than Crompton Greaves Consumer, which is rated attractive with a PE of 39.06. The recent stock performance reflects a decline of 24.35% over the past week, contrasting sharply with the Sensex's minor drop of 0.92%, further supporting the view that PG Electroplast is overvalued in the current market context.