Is Rappid Valves overvalued or undervalued?

As of 19 September 2025, Rappid Valves' valuation grade has moved from fair to expensive, indicating a shift in its perceived value. The company's current valuation suggests it is overvalued, with a PE ratio of 26.22, an EV to EBITDA ratio of 15.86, and a Price to Book Value of 3.50. These figures are notably higher than some of its peers, such as Larsen & Toubro, which has a PE ratio of 32.64 and an EV to EBITDA of 16.97, but still reflects a more attractive valuation relative to Rappid Valves.
In comparison to other competitors, Rappid Valves stands out with a PEG ratio of 0.00, while companies like CG Power & Ind and Siemens are classified as very expensive, with PE ratios of 122.68 and 62.03, respectively. Despite a recent stock return of 3.78% over the past week, Rappid Valves has underperformed on a year-to-date basis, with a decline of 10.45% compared to a 7.11% gain in the Sensex. This further reinforces the notion that the stock may be overvalued in the current market context.