Is Carraro India overvalued or undervalued?

As of 24 September 2025, Carraro India has moved from an attractive to a fair valuation grade. The company appears to be fairly valued at this time. Key ratios include a PE ratio of 31.86, an EV to EBITDA of 17.22, and a ROCE of 20.93%.
In comparison to its peers, Carraro India’s PE ratio is lower than Samvardhana Motherson's attractive rating of 33.35, while it is significantly lower than Bosch's expensive rating of 51.43. Despite the recent stock performance showing a 12.85% return over the past month compared to a 0.50% return for the Sensex, the overall valuation suggests that Carraro India is positioned appropriately within its industry.