Is Maha Rashtra Apx overvalued or undervalued?

As of 1 July 2025, the valuation grade for Maha Rashtra Apx has moved from attractive to very attractive. The company is currently undervalued, with a PE ratio of 15.97, a price-to-book value of 0.35, and an EV to EBITDA ratio of -109.79. These ratios suggest that the market may not be fully recognizing the company's potential, particularly when compared to peers like Life Insurance with a PE of 12.71 and Bajaj Finance, which is considered very expensive at a PE of 34.98.
Despite the recent stock performance lagging behind the Sensex, with a year-to-date return of -23.02% compared to the Sensex's 7.11%, the underlying valuation metrics indicate that Maha Rashtra Apx presents a compelling investment opportunity. The company's low PEG ratio of 0.00 further supports the notion that it is undervalued relative to its growth potential.