Is Sundram Fasten. overvalued or undervalued?

As of 20 December 2024, the valuation grade for Sundram Fasteners has moved from very expensive to expensive. The company is currently considered overvalued. Key ratios include a PE ratio of 39.02, an EV to EBITDA of 23.09, and a Price to Book Value of 5.52, all of which are significantly higher than its peers. For instance, Sterling Tools has a PE ratio of 23.12 and an EV to EBITDA of 12.23, while Simm. Marshall shows a PE of 15.54 and an EV to EBITDA of 9.02, indicating that Sundram Fasteners is trading at a premium compared to these competitors.
Additionally, the company's recent stock performance has been underwhelming, with a 1-year return of -19.63%, contrasting sharply with the Sensex's gain of 7.59% over the same period. This underperformance, combined with its high valuation ratios, reinforces the conclusion that Sundram Fasteners is overvalued in the current market environment.