Is MOS Utility overvalued or undervalued?

As of 18 November 2025, the valuation grade for MOS Utility has moved from fair to attractive, indicating a positive shift in its perceived value. The company is currently considered undervalued, especially when compared to its peers. Key ratios include a PE ratio of 48.24, an EV to EBITDA of 30.75, and a ROE of 13.57%.
In comparison to its peers, MOS Utility's PE ratio is lower than that of Poly Medicure at 53.17 and Laxmi Dental at 62.73, which are classified as very expensive. Additionally, the PEG ratio of 23.53 suggests that while the stock is priced high relative to its growth, it remains more attractive than peers like Blue Jet Health, which has a PEG of 0.28. Notably, the stock has underperformed against the Sensex over the past year, with a return of -17.14% compared to the Sensex's 10.47%, reinforcing the notion that the stock may be undervalued in the current market context.