Is Mahalaxmi Rubtec overvalued or undervalued?

As of 30 May 2025, Mahalaxmi Rubtec's valuation grade has moved from fair to attractive, indicating a positive shift in its market perception. The company appears to be undervalued, especially when considering its key ratios: a PE ratio of 26.16, an EV to EBITDA of 12.45, and a PEG ratio of 0.30. These figures suggest that the stock is priced favorably relative to its earnings growth potential.
In comparison to its peers, Mahalaxmi Rubtec stands out against K P R Mill Ltd, which is deemed very expensive with a PE ratio of 47.51, and Trident, which is rated fair with a PE of 42.6. This positions Mahalaxmi Rubtec as a more attractive investment opportunity within the garments and apparels industry. Notably, the company's stock has outperformed the Sensex over the past three years, with a return of 90.60% compared to the Sensex's 49.24%, reinforcing the notion of its undervaluation.