Is Quest Flow overvalued or undervalued?

As of 23 October 2025, the valuation grade for Quest Flow has moved from expensive to very expensive, indicating a significant shift in its perceived market value. The company is currently considered overvalued. Key ratios include a PE Ratio of 42.55, an EV to EBITDA of 22.96, and a Price to Book Value of 4.02, all of which suggest that the stock is trading at a premium compared to its earnings and book value.
In comparison with peers, Elitecon International has a much higher PE Ratio of 372.65, while Lloyds Enterprises stands at 31.24, both of which are also categorized as very expensive. Notably, PTC India, considered very attractive, has a PE Ratio of just 7.9, highlighting the stark contrast in valuation metrics within the industry. Additionally, Quest Flow's stock has underperformed against the Sensex, with a year-to-date return of -54.32% compared to the Sensex's 8.21%, reinforcing the notion of overvaluation in the current market context.