Is Trio-Tech International overvalued or undervalued?

As of 15 August 2025, Trio-Tech International's valuation grade has moved from fair to attractive, indicating a shift in its perceived value. The company appears to be undervalued, supported by a P/E ratio of 22, a Price to Book Value of 0.68, and an EV to EBITDA of 1.87. In comparison, Perma-Pipe International Holdings has a P/E of 14.88, while Taylor Devices, Inc. shows a P/E of 18.75, suggesting that Trio-Tech is priced higher than some peers but still offers value relative to its performance metrics.
Despite the lack of recent return data, the company's current price of 5.48 is close to its 52-week high of 7.88, which may indicate positive market sentiment. Overall, Trio-Tech International's attractive valuation suggests it is well-positioned within the industrial manufacturing sector, especially when compared to its peers.