Is Polymechplast Ma overvalued or undervalued?

As of 27 June 2025, the valuation grade for Polymechplast Ma has moved from expensive to very expensive, indicating a significant shift in its market perception. The company is currently deemed overvalued. Key ratios include a PE Ratio of 36.49, an EV to EBITDA of 18.40, and a Price to Book Value of 1.43, all of which suggest that the stock is trading at a premium compared to its earnings and assets.
In comparison to its peers, Polymechplast Ma's PE Ratio is lower than Thermax's 63.06 and BEML Ltd's 63.04, both categorized as very expensive. However, it is higher than Action Construction Equipment's PE of 35.36, which is also very expensive. The company's recent stock performance has outpaced the Sensex over the past week and month, but it has underperformed year-to-date and over three years, which reinforces the notion of overvaluation given the broader market context.