Is Maks Energy overvalued or undervalued?

As of 16 September 2025, Maks Energy's valuation grade has moved from fair to expensive, indicating a shift towards overvaluation. The company is currently assessed as overvalued, with a PE ratio of 21.88, an EV to EBIT of 12.66, and an EV to EBITDA of 12.53. In comparison to its peers, Bosch has a significantly higher PE ratio of 53.06, while Samvardhana Motherson stands at a more attractive PE of 33.96, highlighting the relative expense of Maks Energy within its industry.
Notably, Maks Energy's return on equity (ROE) is only 4.27%, which raises concerns about its profitability compared to peers like Samvardhana Motherson, which maintains a more favorable position. Additionally, the company's stock has underperformed significantly over the past year, with a decline of 41.57%, contrasting sharply with the Sensex's slight decrease of 0.57%. This performance further reinforces the notion that Maks Energy is currently overvalued.