Is Mish Designs overvalued or undervalued?

As of 8 October 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 assessed as undervalued, particularly given its PE ratio of 17.47, EV to EBIT of 12.92, and EV to EBITDA of 12.56, which are competitive compared to its peers.
In comparison, K P R Mill Ltd is considered very expensive with a PE ratio of 43.03, while Vardhman Textile, rated as attractive, has a PE ratio of 13.5. This places Mish Designs in a favorable position within the industry, suggesting that it offers better value relative to its earnings potential. Additionally, the company's recent stock performance has lagged significantly behind the Sensex, with a year-to-date return of -62.16%, reinforcing the notion that it may be undervalued in the current market context.