Is Shree Marutinand overvalued or undervalued?

As of 23 September 2025, the valuation grade for Shree Marutinand has moved from fair to expensive. The company is currently considered overvalued based on its financial metrics. Key ratios include a PE ratio of 12.53, an EV to EBITDA of 10.52, and a ROCE of 15.37%.
In comparison to its peers, Shree Marutinand's PE ratio is significantly lower than Elitecon International, which is marked as very expensive with a PE of 470.21, and MMTC, which has a PE of 149.46. This suggests that while Shree Marutinand is overvalued, it is not as extreme as some of its peers. Despite a recent stock return of 6.13% over the past week, the year-to-date return shows a decline of 42.41%, further indicating potential overvaluation concerns.