Is Readymix Cons. overvalued or undervalued?

As of 23 September 2025, the valuation grade for Readymix Cons. has moved from very expensive to very attractive, indicating a significant shift in its market perception. The company is currently assessed as undervalued. Key ratios include a PE Ratio of 18.45, an EV to EBITDA of 11.07, and a ROCE of 26.64%, which highlight its strong operational efficiency and reasonable pricing relative to earnings.
In comparison to its peers, Readymix Cons. stands out with a PE Ratio of 18.45, while competitors like Thermax and BEML Ltd have significantly higher PE Ratios of 59.66 and 60.41, respectively. This suggests that Readymix Cons. offers a more attractive valuation in the industrial manufacturing sector. Additionally, the company's recent stock performance has outpaced the Sensex, with a 1-month return of 32.99% compared to the Sensex's 1.20%, reinforcing the narrative of its undervaluation.