Is MIND Technology, Inc. overvalued or undervalued?

Jun 25 2025 08:20 AM IST
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As of October 15, 2023, MIND Technology, Inc. is considered overvalued due to its high P/E ratio of 25.4, P/B ratio of 3.1, and P/S ratio of 4.5, which exceed industry averages and peer metrics.
As of 15 October 2023, MIND Technology, Inc. moved from fair to overvalued. The company currently exhibits a price-to-earnings (P/E) ratio of 25.4, a price-to-book (P/B) ratio of 3.1, and a price-to-sales (P/S) ratio of 4.5, which are significantly higher than industry averages. Compared to peers like Teledyne Technologies, which has a P/E ratio of 20.5, and Hexagon AB with a P/B ratio of 2.7, MIND Technology appears to be trading at a premium.

Given these metrics and the elevated ratios relative to its peers, MIND Technology is considered overvalued. Recent stock performance has also lagged behind the Sensex, further supporting this valuation assessment.
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Our weekly and monthly stock recommendations are here
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