Is Rappid Valves overvalued or undervalued?

As of 29 September 2025, Rappid Valves has moved from a fair to an expensive valuation grade. The company is currently assessed as overvalued, with a PE ratio of 26.60, a Price to Book Value of 3.55, and an EV to EBITDA ratio of 16.09. These metrics suggest that the company's stock price does not align favorably with its earnings and asset values compared to its peers.
In comparison, Larsen & Toubro, which is considered fairly valued, has a PE ratio of 32.71 and an EV to EBITDA of 17.01. Other peers, such as IRB Infra.Devl., are also in the expensive category with a PE ratio of 29.55. Notably, Rappid Valves has underperformed against the Sensex year-to-date, with a return of -9.16% compared to the Sensex's 4.19%, reinforcing the notion that the stock may be overvalued at its current price of 309.45.