Is Polymechplast Ma overvalued or undervalued?

As of 12 November 2025, the valuation grade for Polymechplast Ma has moved from very expensive to expensive. The company is currently considered overvalued based on its high PE ratio of 49.89, an EV to EBITDA of 17.13, and a Price to Book Value of 1.25. In comparison, peers such as Thermax and BEML Ltd have PE ratios of 61.43 and 56.53, respectively, indicating that while Polymechplast Ma is expensive, it is not the most overvalued in its peer group.
The company's return metrics also reflect its challenging position, with a year-to-date decline of 21.30% compared to a Sensex return of 8.10%. This underperformance, combined with a low ROCE of 3.84% and ROE of 2.75%, further supports the conclusion that Polymechplast Ma is overvalued in the current market environment.