Is MOS Utility overvalued or undervalued?

As of 19 September 2025, the valuation grade for MOS Utility has moved from expensive to fair. The company appears to be fairly valued based on its current metrics. Key ratios include a PE ratio of 51.53, an EV to EBITDA of 31.09, and a ROCE of 21.98%.
In comparison to its peers, MOS Utility's PE ratio is lower than that of Poly Medicure, which stands at 56.25, and Vimta Labs at 60.13, both categorized as very expensive. The stock has underperformed relative to the Sensex over the past year, with a return of -12.46% compared to the Sensex's -0.35%, indicating that while the company is fairly valued, it may face challenges in the broader market context.