Is Triton Valves overvalued or undervalued?

As of 14 October 2025, Triton Valves has moved from an attractive to a fair valuation grade. The company appears to be overvalued based on key financial metrics. The PE ratio stands at 69.15, significantly higher than peers like Samvardhan Motherson, which has a PE of 32.46, and Endurance Tech at 46.04. Additionally, Triton Valves' EV to EBITDA ratio is 14.71, while Samvardhan Motherson's is notably lower at 11.89, indicating a premium valuation.
With a Price to Book Value of 3.20 and a PEG ratio of 2.29, Triton Valves does not offer compelling value compared to its peers, suggesting that the stock may not justify its current price level. The company's recent performance has also lagged behind the Sensex, with a year-to-date return of -43.84% compared to the Sensex's 4.98%, further reinforcing the view that Triton Valves is overvalued in the current market context.