Is Mini Diamonds(I) overvalued or undervalued?

As of 18 August 2025, the valuation grade for Mini Diamonds(I) has moved from expensive to very expensive, indicating a significant increase in perceived overvaluation. The company is currently assessed as overvalued based on its high PE ratio of 113.33, an EV to EBITDA of 62.19, and a Price to Book Value of 6.17. These ratios are notably higher than its peers, such as Titan Company with a PE of 84.94 and Kalyan Jewellers at 67.01, both categorized as expensive.
In comparison to its industry, Mini Diamonds(I) stands out with a PEG ratio of 0.00, suggesting no growth expectations factored into its price, which further emphasizes its overvaluation. Despite a strong historical performance, including a remarkable 6002.56% return over the past five years, the current metrics suggest that the stock is not justified at its current price of 166.60, especially in light of recent declines against the Sensex. Overall, Mini Diamonds(I) is overvalued in the current market environment.