Is Bharat Seats overvalued or undervalued?

As of 6 November 2025, Bharat Seats has moved from an expensive to an attractive valuation grade. The company appears to be undervalued given its current metrics, particularly with a PE ratio of 33.61, a Price to Book Value of 0.62, and an EV to EBITDA of 18.08. These figures suggest that the stock is trading at a discount relative to its earnings potential and asset value.
In comparison to its peers, Bharat Seats shows a more favorable PEG ratio of 0.85 compared to Bosch's 3.01 and Uno Minda's 4.38, indicating better growth prospects relative to its price. Additionally, while Samvardhana Motherson is also rated attractive with a PE of 32.14, Bharat Seats' lower Price to Book Value highlights its relative undervaluation. The company's strong year-to-date return of 116.82% compared to the Sensex's 6.62% further reinforces the attractiveness of its current valuation.