Is Mish Designs overvalued or undervalued?

As of 29 August 2025, the valuation grade for Mish Designs has moved from attractive to very attractive, indicating a significant positive shift in its valuation outlook. The company is currently assessed as undervalued. Key ratios include a PE Ratio of 18.80, an EV to EBIT of 13.81, and a Price to Book Value of 1.64, which suggest that the stock is trading at a reasonable multiple compared to its earnings and book value.
In comparison to its peers, Mish Designs stands out with a lower PE Ratio than K P R Mill Ltd, which has a PE of 40.98, and is also more favorably positioned than Trident, which has a PE of 32.02. The PEG Ratio for Mish Designs is notably at 0.00, indicating potential for growth without the corresponding valuation premium seen in some competitors. Despite recent stock performance lagging behind the Sensex, with a year-to-date return of -59.29% compared to the Sensex's 2.14%, the underlying fundamentals suggest that Mish Designs presents a compelling investment opportunity at its current price of 59.07.