Is MOS Utility overvalued or undervalued?

As of 7 November 2025, the valuation grade for MOS Utility has moved from fair to expensive, indicating a shift in perception regarding its market value. The company is currently deemed overvalued based on its high valuation metrics, including a PE ratio of 51.45, an EV to EBITDA ratio of 31.05, and a Price to Book Value of 7.45. These figures suggest that investors are paying a premium for the stock relative to its earnings and assets.
In comparison to its peers, MOS Utility's valuation appears less favorable. For instance, Poly Medicure has a PE ratio of 53.67, while Blue Jet Health, despite being categorized as very expensive, has a significantly lower EV to EBITDA ratio of 14.21. Additionally, the company's recent stock performance has lagged behind the Sensex, with a year-to-date return of -9.11% compared to the Sensex's 7.81%. This combination of high valuation ratios and underperformance relative to the market reinforces the conclusion that MOS Utility is overvalued.