Is Mandeep Auto overvalued or undervalued?

As of 28 August 2025, Mandeep Auto's valuation grade has moved from fair to very expensive, indicating a significant shift in its market perception. The company appears overvalued based on its current financial metrics, with a PE ratio of 20.75, an EV to EBITDA of 19.71, and a Price to Book Value of 3.36.
In comparison to its peers, Mandeep Auto's valuation stands out unfavorably; for instance, Bosch has a much higher PE ratio of 52.14, while Samvardhana Motherson International, which is rated attractive, has a PE of 28.46. Additionally, Mandeep Auto's PEG ratio is notably low at 0.00, suggesting that its growth prospects are not being factored into its current valuation. The company's recent stock performance has also been poor, with a year-to-date return of -20.62%, contrasting sharply with the Sensex's positive return of 3.62% over the same period, further reinforcing the view that Mandeep Auto is currently overvalued.