Is Manoj Ceramic overvalued or undervalued?

As of 28 August 2025, the valuation grade for Manoj Ceramic has moved from fair to very expensive. The company is currently overvalued based on its financial metrics. Key ratios include a PE Ratio of 13.11, an EV to EBITDA of 8.75, and a ROE of 34.41%.
In comparison to its peers, Kajaria Ceramics is valued at a PE of 56.97, while L T Foods shows a more attractive valuation with a PE of 24.06. This suggests that Manoj Ceramic's valuation is significantly higher than some of its competitors, indicating a potential overvaluation. Additionally, the company's recent stock performance has been poor, with a year-to-date return of -41.6%, contrasting sharply with the Sensex's positive return of 2.48%.