Is Mayur Floorings overvalued or undervalued?

As of 17 October 2025, Mayur Floorings has moved from a fair to an expensive valuation grade. The company is currently considered overvalued, primarily due to its high PE ratio of 82.38, a Price to Book Value of 2.64, and an EV to EBIT of 11.90. In comparison to its peers, Coal India, which is rated very attractive, has a PE of 7.23, while NMDC, rated fair, has a PE of 10.07, highlighting the significant premium at which Mayur Floorings is trading.
The company's return metrics also raise concerns, with a ROCE of just 4.30% and a ROE of 3.20%, indicating inefficiencies in generating returns relative to its equity. Despite a strong recent performance, with a 1-year stock return of 20.74% compared to the Sensex's 3.64%, the fundamental valuation metrics suggest that Mayur Floorings is not justified at its current price levels.