Is Inani Marbles overvalued or undervalued?

As of 16 October 2025, the valuation grade for Inani Marbles has moved from fair to attractive, indicating a more favorable assessment of its market position. The company is currently deemed undervalued based on its financial metrics. Notable ratios include a PE Ratio of 300.86, an EV to EBITDA of 16.16, and a Price to Book Value of 0.67, suggesting that while the earnings multiple is high, the asset valuation is relatively low.
In comparison to peers, Inani Marbles' PE Ratio is significantly higher than that of Coal India, which stands at 7.21, and NMDC, which is at 10.2, indicating a potential overvaluation in earnings relative to these companies. Additionally, the PEG Ratio of 0.00 suggests that the company is not expected to grow in earnings, which may raise concerns among investors. Recent stock performance shows that Inani Marbles has underperformed the Sensex over various time frames, particularly with a year-to-date decline of 23.88% compared to the Sensex's gain of 6.82%.