Is Maha Rashtra Apx overvalued or undervalued?

As of 3 June 2025, the valuation grade for Maha Rashtra Apx has moved from very attractive to attractive, indicating a shift in its perceived value. The company appears to be overvalued based on its current metrics, with a PE ratio of 16.39, a price to book value of 0.36, and an EV to EBITDA ratio of -112.73, which suggests significant operational challenges.
In comparison to its peers, Maha Rashtra Apx's PE ratio is higher than Life Insurance's 12.54, which is rated fair, and significantly lower than Bajaj Finance's 35.01, which is considered very expensive. The company's recent stock performance shows a 1-week return of 2.97%, outperforming the Sensex's 1.40%, but its year-to-date return of -19.35% starkly contrasts with the Sensex's 5.59%, reinforcing concerns about its valuation. Overall, the combination of these ratios and peer comparisons suggests that Maha Rashtra Apx is overvalued in the current market environment.