Is Hyundai Motor I overvalued or undervalued?

As of 31 October 2025, Hyundai Motor I's valuation grade has moved from attractive to fair, indicating a shift in its perceived market value. The company is currently fairly valued. Key ratios include a PE ratio of 34.66, an EV to EBITDA of 21.11, and a ROE of 35.08%.
In comparison with peers, Maruti Suzuki also holds a fair valuation with a PE of 35.03, while M & M is rated attractive with a lower PE of 31.58. Despite Hyundai's strong performance, reflected in a year-to-date return of 35.18% compared to the Sensex's 7.42%, its current valuation suggests it is aligned with market expectations rather than being undervalued or overvalued.