Is Mish Designs overvalued or undervalued?

As of 30 October 2025, the valuation grade for Mish Designs has moved from very attractive to attractive, indicating a shift in market perception. The company is currently assessed as fairly valued. Key ratios include a PE ratio of 21.91, an EV to EBITDA of 13.98, and a ROCE of 7.55%.
In comparison to its peers, Mish Designs' PE ratio is significantly lower than that of K P R Mill Ltd, which stands at 44.77, and Trident, which has a PE of 33.67. Additionally, Welspun Living, another attractive peer, has a PE ratio of 23.75, further highlighting Mish Designs' relative valuation position. Despite a recent stock return of 22.54% over the past week, the year-to-date performance shows a decline of 57.77%, suggesting that while there may be short-term optimism, the long-term outlook remains cautious.