Is Mish Designs overvalued or undervalued?

As of 19 September 2025, the valuation grade for Mish Designs has moved from attractive to very attractive, indicating a significant positive shift in its perceived value. The company is currently considered undervalued. Key ratios include a PE Ratio of 19.19, an EV to EBITDA of 13.76, and a Price to Book Value of 1.07, which suggest that the company is trading at a reasonable valuation compared to its earnings and book value.
In comparison to peers, Mish Designs stands out with its PE Ratio of 19.19, especially when contrasted with K P R Mill Ltd, which has a PE Ratio of 47.3, categorizing it as very expensive, and Vardhman Textile, which has a PE Ratio of 14.4, rated as fair. Additionally, the company's PEG Ratio of 0.00 further emphasizes its undervaluation relative to growth expectations. Despite recent stock performance lagging behind the Sensex, with a YTD return of -58.45% compared to the Sensex's 5.74%, the underlying financial metrics suggest that Mish Designs presents a compelling investment opportunity at its current price of 60.29.