Is Manaksia overvalued or undervalued?

As of 10 October 2025, the valuation grade for Manaksia has moved from fair to attractive, indicating a positive shift in its perceived value. The company appears to be undervalued, with a PE ratio of 7.75, a Price to Book Value of 0.76, and an EV to EBIT of 2.44. These ratios suggest that the stock is trading at a significant discount compared to its earnings and book value.
In comparison to its peers, Manaksia's PE ratio is lower than Hindalco Industries at 10.03 and National Aluminium at 7.2, both of which are also considered attractive. Furthermore, the EV to EBITDA ratio of 2.18 for Manaksia is notably lower than the industry average, reinforcing its undervaluation. Despite recent underperformance against the Sensex, with a year-to-date return of -20.63% compared to the Sensex's 5.58%, the fundamental metrics indicate that Manaksia presents a compelling investment opportunity at its current price of 65.97.