Is Igarashi Motors overvalued or undervalued?

As of 18 August 2025, Igarashi Motors' valuation grade has moved from expensive to fair. The company is currently fairly valued based on its financial metrics. Key ratios include a PE Ratio of 85.52, an EV to EBITDA of 18.96, and a Price to Book Value of 3.40.
In comparison to peers, Igarashi Motors' PE Ratio is significantly higher than that of Samvardhan Motherson, which stands at 29.09, indicating a more expensive valuation relative to its earnings. However, it is also worth noting that Bosch, classified as expensive, has a PE of 52.28, suggesting that Igarashi Motors is more attractively valued than some competitors in the market. Recent stock performance shows a decline of 29.71% year-to-date, contrasting with a 4.01% increase in the Sensex, further reinforcing the notion that the stock may be undervalued relative to its recent performance.