Is MOS Utility overvalued or undervalued?

As of 14 November 2025, the valuation grade for MOS Utility has moved from fair to expensive, indicating that the company is currently overvalued. The key ratios reflect this assessment, with a PE Ratio of 50.83, an EV to EBITDA of 30.67, and a Price to Book Value of 7.36. These figures are significantly higher than those of its peers, such as Poly Medicure, which has a PE of 54.39, and Vimta Labs, with a PE of 46.6, both categorized as very expensive.
In comparison to its industry peers, MOS Utility's valuation metrics suggest it is not justified at its current price of 24.70, especially considering its recent stock performance, which has underperformed against the Sensex over various timeframes, including a 1Y return of -18.2% compared to the Sensex's 10.10%. Overall, the analysis indicates that MOS Utility is overvalued in the current market environment.