Is Ranjeet Mechatr. overvalued or undervalued?

As of 23 September 2025, the valuation grade for Ranjeet Mechatr. has moved from risky to very expensive, indicating a significant shift in its perceived market value. The company is currently overvalued, with a PE ratio of 39.88, an EV to EBITDA ratio of 22.16, and a PEG ratio of 0.48, which suggests that the stock price is not justified by its earnings growth potential.
When compared to peers, Ranjeet Mechatr. stands out with its high PE ratio of 39.88 against Elitecon International's staggering 470.21 and Lloyds Enterprises' 30.26. Additionally, while PTC India is rated very attractive with a much lower PE of 8.23, Ranjeet's financial metrics indicate that it is trading at a premium without sufficient justification. Notably, the company's recent stock performance has been strong, with a year-to-date return of 414.91%, significantly outpacing the Sensex's 5.07%, but this does not mitigate the overvaluation concern.