Is Ashapura Minech. overvalued or undervalued?

Nov 17 2025 08:07 AM IST
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As of November 14, 2025, Ashapura Minech. is considered overvalued with a PE ratio of 19.07 and an EV to EBITDA of 16.44, significantly higher than its peers, despite a strong year-to-date stock performance of 78.28%.
As of 14 November 2025, the valuation grade for Ashapura Minech. has moved from fair to expensive. The company is currently considered overvalued based on its key ratios, including a PE ratio of 19.07, an EV to EBITDA of 16.44, and a Price to Book Value of 5.31. Compared to peers, Ashapura Minech. stands out with a higher PE ratio than Coal India, which is at 7.65, and NMDC, which is at 9.58, indicating a significant premium over these competitors.

In addition, while Ashapura Minech. has a PEG ratio of 0.17, suggesting potential growth, its current valuation does not justify this growth compared to its peers. The company's recent stock performance has outpaced the Sensex significantly, with a year-to-date return of 78.28% compared to the Sensex's 8.22%. However, despite this strong performance, the overall valuation metrics suggest that Ashapura Minech. is overvalued in the current market environment.
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