Is PG Electroplast overvalued or undervalued?

As of 8 August 2025, the valuation grade for PG Electroplast has moved from very expensive to expensive. The company is currently considered overvalued based on its financial ratios. The PE ratio stands at 58.00, while the Price to Book Value is 5.90, and the EV to EBITDA is 33.25. These ratios indicate that the stock is trading at a premium compared to its earnings and book value.
In comparison to its peers, PG Electroplast's PE ratio is significantly lower than Dixon Technologies at 116.82 and Amber Enterprises at 90.72, but higher than Crompton Greaves Consumer, which is rated attractive with a PE of 39.06. Additionally, the PEG ratio of 0.60 suggests that despite the high PE, the growth expectations may not justify the current price. Recent stock performance shows a decline of 40.11% year-to-date, contrasting with a 2.20% gain in the Sensex, further reinforcing the notion that PG Electroplast is overvalued in the current market environment.