Is Mish Designs overvalued or undervalued?

As of 1 September 2025, the valuation grade for Mish Designs has moved from very attractive to attractive, indicating a shift in market perception. The company appears to be fairly valued at this time. Key ratios include a PE Ratio of 19.73, an EV to EBIT of 14.48, and a ROCE of 11.74%.
In comparison to peers, Mish Designs has a PE Ratio that is significantly lower than K P R Mill Ltd, which is at 40.91, and also lower than Trident at 32.36, suggesting that Mish Designs may be undervalued relative to these competitors. Despite the recent stock performance showing a decline of 73.48% over the past year compared to a slight drop of 2.43% in the Sensex, the current valuation metrics indicate that Mish Designs is positioned reasonably within its industry context.