Is Enkei Wheels overvalued or undervalued?

As of 3 November 2025, the valuation grade for Enkei Wheels has moved from expensive to fair. The company is currently fairly valued, with a PE ratio of -58.60, an EV to EBITDA of 18.02, and an EV to Sales ratio of 1.18. Notably, Enkei Wheels has a negative ROE of -6.18%, indicating challenges in generating profit from equity.
In comparison to peers, Samvardh. Mothe. is rated attractive with a PE of 32.68 and an EV to EBITDA of 11.97, while Bosch is fairly valued with a PE of 49.15 and an EV to EBITDA of 44.38. Enkei's recent stock performance has lagged behind the Sensex, with a year-to-date decline of 29.80% compared to a 7.47% gain for the index, reinforcing the notion that the stock may be undervalued relative to its peers despite its current fair valuation.