Is Moksh Ornaments overvalued or undervalued?

As of 1 July 2024, Moksh Ornaments has moved from a grade of risky to very attractive, indicating a significant improvement in its valuation outlook. The company is currently considered undervalued, with a price-to-earnings (PE) ratio of 14.75, a price-to-book value of 1.12, and an EV to EBITDA ratio of 10.51. These ratios suggest that the stock is trading at a reasonable valuation compared to its earnings and book value.
In comparison to its peers, Moksh Ornaments stands out with a PE ratio of 14.75 and an EV to EBITDA of 10.51, which aligns closely with industry standards. Notably, the PEG ratio is at 0.00, indicating potential for growth without the corresponding valuation premium. While the stock has underperformed against the Sensex in the short term, with a year-to-date return of -25.28% compared to the Sensex's 6.25%, its long-term performance over five years shows a substantial gain of 238.64%, reinforcing the attractiveness of the current valuation.