Is MKP Mobility overvalued or undervalued?

As of 17 November 2025, MKP Mobility's valuation grade has moved from very expensive to fair. The company is currently fairly valued, with a PE ratio of 20.81, an EV to EBITDA ratio of 36.02, and a ROE of 25.90%. In comparison to peers, K P R Mill Ltd is very expensive with a PE ratio of 44.24, while Welspun Living is also fair with an EV to EBITDA of 37.99.
Despite a challenging year with a year-to-date return of -41.44% compared to the Sensex's 8.72%, MKP Mobility's valuation metrics suggest it is positioned reasonably within its industry. The PEG ratio of 0.00 indicates no expected growth, which may warrant caution, but overall, the company appears to be fairly valued relative to its peers.