Is Hyundai Motor I overvalued or undervalued?

As of 31 October 2025, Hyundai Motor I has moved from an attractive to a fair valuation grade. The company is currently fairly valued based on its financial metrics. Key ratios include a PE Ratio of 34.66, an EV to EBITDA of 21.11, and a ROE of 35.08%.
In comparison to peers, Maruti Suzuki has a PE Ratio of 35.03 and an EV to EBITDA of 25.60, while M & M shows a more attractive valuation with a PE of 31.58 and an EV to EBITDA of 16.38. Notably, Hyundai's PEG Ratio stands at 0.00, indicating no growth expectations priced into the stock. Despite a recent strong performance, with a year-to-date return of 35.18% compared to the Sensex's 7.42%, the current valuation suggests that the stock is neither undervalued nor overvalued but rather fairly priced in the market.