Is Mukand overvalued or undervalued?

As of 13 June 2025, the valuation grade for Mukand has moved from attractive to very attractive, indicating a significant positive shift in its valuation outlook. The company is currently assessed as undervalued. Key ratios include a PE ratio of 21.89, an EV to EBITDA of 11.24, and a Price to Book Value of 1.75, which suggest that Mukand is positioned favorably compared to its peers.
In comparison, JSW Steel has a PE ratio of 63.89 and an EV to EBITDA of 14.02, while Tata Steel shows a PE of 50.17 and an EV to EBITDA of 10.78. These figures highlight Mukand's relative attractiveness in terms of valuation metrics. Additionally, despite recent underperformance with a year-to-date return of -10.50% compared to the Sensex's 3.81%, the long-term performance over five years shows a remarkable return of 544.54%, reinforcing the potential for future growth.