Is Manoj Ceramic overvalued or undervalued?

As of 17 November 2025, the valuation grade for Manoj Ceramic has moved from fair to attractive. The company appears to be undervalued based on its current financial ratios. Notably, the PE Ratio stands at 11.63, the EV to EBIT is 7.78, and the EV to EBITDA is 7.65, indicating a favorable valuation compared to its peers.
In comparison to its industry peers, Manoj Ceramic's PE Ratio is significantly lower than that of Kajaria Ceramics, which has a PE of 45.78, and L T Foods, with a PE of 22.55. This suggests that Manoj Ceramic is trading at a discount relative to these competitors. Additionally, the PEG Ratio of 0.62 further supports the undervaluation thesis, as it indicates that the stock is relatively cheap in relation to its growth potential. Despite recent stock performance lagging behind the Sensex, with a year-to-date decline of 48.21% compared to the Sensex's gain of 8.72%, the underlying fundamentals suggest that Manoj Ceramic presents an attractive investment opportunity at its current price of 101.10.