Is M K Exim India overvalued or undervalued?

As of 21 July 2025, M K Exim India has moved from a fair to an expensive valuation grade. The company is currently considered overvalued based on its key financial ratios, including a PE ratio of 16.99, an EV to EBITDA of 12.27, and a Price to Book Value of 3.75. Compared to its peers, M K Exim India’s valuation appears high, especially when considering K P R Mill Ltd, which has a significantly higher PE ratio of 49.86, and Vardhman Textile, which has a lower PE of 16.36 yet is also categorized as expensive.
The company's recent stock performance shows a notable return of 19.74% over the past week, contrasting sharply with the Sensex's slight decline of 0.06%. However, despite this short-term gain, the overall year-to-date performance reflects a decline of 11.90%, while the Sensex has increased by 5.20%. This suggests that while M K Exim India may have had a brief rally, its long-term valuation remains concerning, reinforcing the conclusion that it is overvalued in the current market environment.