Is Rungta Irrigatn. overvalued or undervalued?

As of 1 October 2025, the valuation grade for Rungta Irrigation has moved from attractive to very attractive. The company is currently considered undervalued. Key ratios include a PE Ratio of 20.26, an EV to EBITDA of 13.37, and a PEG Ratio of 0.74, indicating strong potential for growth relative to its price.
In comparison to peers, Rungta Irrigation's valuation stands out against Supreme Industries, which has a PE Ratio of 59.83 and Astral at 76.45, both categorized as very expensive. This suggests that Rungta is significantly more attractive in terms of valuation metrics. Additionally, while the stock has underperformed year-to-date with a return of -17.97% compared to the Sensex's 3.64%, its long-term performance over three years shows a robust return of 150.40%, reinforcing its potential as a solid investment opportunity.