Is Triton Valves overvalued or undervalued?

As of 23 September 2025, Triton Valves has moved from an attractive to a fair valuation grade. The company is currently fairly valued, with a PE ratio of 80.72, a Price to Book Value of 3.74, and an EV to EBITDA of 16.51. In comparison to its peers, Samvardhan Motherson, which is rated attractive, has a significantly lower PE ratio of 34.59, while Endurance Technologies, rated fair, has a PE of 47.19, indicating that Triton Valves is trading at a premium relative to these competitors.
Despite the recent stock performance showing a 28.38% return over the past month compared to a 0.98% return for the Sensex, the overall year-to-date return of -34.45% suggests that the stock may be struggling in the longer term. Given the high valuation ratios and the competitive landscape, Triton Valves appears to be fairly valued at this time.