Is Exxaro Tiles overvalued or undervalued?

As of 29 October 2025, Exxaro Tiles has moved from a very attractive to an attractive valuation grade. The company appears to be overvalued based on its current financial metrics. Key ratios include a PE Ratio of 62.37, an EV to EBITDA of 14.87, and a PEG Ratio of 0.18, which suggests that while growth expectations may be high, the current valuation does not justify the price given the underlying earnings.
In comparison to peers, Exxaro Tiles has a significantly higher PE Ratio than Kajaria Ceramics at 49.45 and Cera Sanitary at 32.31, both of which are also rated attractive. This indicates that Exxaro Tiles is trading at a premium relative to its peers without a corresponding justification in earnings growth. Additionally, the company has underperformed against the Sensex over various timeframes, with a year-to-date return of -13.98% compared to the Sensex's 8.78%, reinforcing the view that it may be overvalued in the current market environment.