Is Pitti Engg. overvalued or undervalued?

As of 10 November 2025, Pitti Engineering's valuation grade has moved from attractive to very attractive, indicating a significant improvement in its perceived value. The company is currently considered undervalued based on its financial metrics. Key ratios include a PE ratio of 26.50, an EV to EBITDA of 20.20, and a Price to Book Value of 0.36, which suggest that the stock is trading at a discount relative to its earnings and book value.
When compared to peers, Pitti Engineering's valuation stands out favorably; for instance, Rail Vikas has a PE ratio of 55.27, while Tube Investments shows a PE of 91.45, both categorizing them as expensive. This contrast highlights Pitti Engineering's relative attractiveness in the industrial manufacturing sector. Despite recent stock performance lagging behind the Sensex, particularly in the short term, the long-term returns over 3 years and 5 years indicate substantial growth potential, reinforcing the case for its undervaluation.