Is Carraro India overvalued or undervalued?

As of 18 September 2025, Carraro India has moved from a fair to an attractive valuation grade. The company is currently considered undervalued, supported by a PE ratio of 29.83, an EV to EBITDA of 16.17, and a PEG ratio of 0.00, indicating strong growth potential relative to its price.
In comparison to its peers, Carraro India stands out with a lower PE ratio than Bosch, which is at 53.11, and Samvardhana Motherson, which has a PE of 33.65, while also exhibiting a competitive EV to EBITDA ratio compared to these companies. Despite recent stock performance lagging behind the Sensex, particularly with a year-to-date return of -29% versus the Sensex's 6.24%, the valuation metrics suggest that Carraro India presents a compelling investment opportunity at its current price of 452.35.