Is Manoj Ceramic overvalued or undervalued?

As of 13 November 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 based on its financial metrics. Key ratios include a PE Ratio of 11.84, an EV to EBIT of 7.88, and a PEG Ratio of 0.63, which suggest that the stock is trading at a discount relative to its earnings growth potential.
In comparison to its peers, Manoj Ceramic's PE Ratio is significantly lower than that of Kajaria Ceramics, which stands at 46.03, and L T Foods, which has a PE of 22.27. This disparity highlights that Manoj Ceramic may be undervalued relative to its industry counterparts. Additionally, while the stock has underperformed the Sensex over the past year with a return of -41.87% compared to the Sensex's 8.74%, the attractive valuation signals potential for recovery and growth moving forward.