Is Polymechplast Ma overvalued or undervalued?

As of 20 October 2025, the valuation grade for Polymechplast Ma has moved from attractive to fair. The company appears to be fairly valued at this time, with a PE ratio of 46.18, an EV to EBITDA of 15.61, and a dividend yield of 1.90%. In comparison to its peers, Thermax has a higher PE ratio of 56.56 and an EV to EBITDA of 37.26, while BEML Ltd is even more expensive with a PE of 60.51 and an EV to EBITDA of 36.15.
Despite the recent stock performance showing a 3.61% return over the past week compared to a 2.47% return for the Sensex, Polymechplast Ma has underperformed in the longer term, with a year-to-date decline of 27.16% against a 7.97% gain for the Sensex. Overall, the company's valuation metrics suggest that it is fairly valued in the current market context.