Is Mish Designs overvalued or undervalued?

As of 19 September 2025, the valuation grade for Mish Designs has moved from attractive to very attractive. The company is currently undervalued, with a PE ratio of 19.19, an EV to EBIT of 14.16, and an EV to EBITDA of 13.76. In comparison to its peers, K P R Mill Ltd is very expensive with a PE ratio of 47.3, while Vardhman Textile is fairly valued with a PE of 14.4, highlighting Mish Designs' favorable position in the market.
Despite the company's recent struggles, reflected in a year-to-date stock return of -58.45% compared to a 5.74% increase in the Sensex, the underlying valuation metrics suggest significant potential for recovery. The PEG ratio stands at 0.00, indicating that the stock may be undervalued relative to its growth prospects, further reinforcing the conclusion that Mish Designs presents a compelling investment opportunity at its current price of 60.29.