Is Minda Corp overvalued or undervalued?

As of 7 November 2025, Minda Corp's valuation grade has moved from expensive to fair, indicating a more favorable assessment of its market position. The company is currently fairly valued, with a PE ratio of 51.96, an EV to EBITDA of 35.14, and a Price to Book Value of 0.57. Compared to peers, Bosch has a PE of 49 and an EV to EBITDA of 44.24, while Samvardhana Motherson is more attractive with a PE of 32.06 and an EV to EBITDA of 11.76.
Despite being fairly valued, Minda Corp has demonstrated strong performance relative to the Sensex, particularly over the last three years with a return of 182.78% compared to the Sensex's 36.01%. This suggests that while the stock is currently fairly valued, its historical performance may indicate potential for future growth.