Is Manoj Ceramic overvalued or undervalued?

As of 15 October 2025, the valuation grade for Manoj Ceramic has moved from fair to attractive, indicating a positive shift in its market perception. The company is currently considered undervalued, with a PE Ratio of 12.02, an EV to EBIT of 7.97, and a PEG Ratio of 0.64, which suggests that the stock is trading at a lower valuation compared to its growth prospects.
In comparison to its peers, Manoj Ceramic shows a more favorable valuation than Kajaria Ceramics, which has a PE of 58.05, and Cera Sanitary, with a PE of 31.78. This reinforces the attractiveness of Manoj Ceramic's current valuation. Additionally, while the stock has underperformed the Sensex over the past year with a return of -42.34% compared to the Sensex's 0.96%, the recent grade change and valuation metrics suggest that it may present a compelling investment opportunity moving forward.