Is Igarashi Motors overvalued or undervalued?

As of 7 November 2025, Igarashi Motors has moved from an expensive to a very attractive valuation grade. The company is currently undervalued, especially when considering its low Price to Book Value of 0.33 and a PEG Ratio of 0.00, which suggests significant growth potential relative to its price. In contrast, its PE Ratio stands at 101.25, indicating that while the stock may appear expensive on a price-to-earnings basis, the overall valuation metrics paint a more favorable picture.
When compared to peers, Igarashi Motors' valuation stands out; for instance, Bosch has a PE of 49, while Samvardhana Motherson International shows a PE of 32.06. This indicates that Igarashi Motors is trading at a premium in terms of earnings but is still considered very attractive due to its low EV to EBITDA of 31.76 compared to Bosch's 44.24. Despite recent stock performance lagging behind the Sensex, particularly with a year-to-date return of -31.39% versus the Sensex's 6.50%, the underlying valuation metrics suggest that Igarashi Motors presents a compelling investment opportunity.