Is Mukat Pipes overvalued or undervalued?

As of 25 April 2023, the valuation grade for Mukat Pipes has moved from does not qualify to risky, indicating a significant change in the company's risk profile. Based on the analysis, Mukat Pipes appears to be overvalued. The company has a PE ratio of -18.93, an EV to EBITDA ratio of -21.22, and an EV to Sales ratio of 5.51, all suggesting that the company's financial metrics are underperforming compared to expectations.
In comparison to its peers, Mukat Pipes has a notably negative PEG ratio of 0.00, which is indicative of a lack of growth prospects relative to its price. For instance, while Mukat Pipes has a PE ratio of -18.93, other companies in the industry may have more favorable valuations. Additionally, the stock's performance has been lackluster, with a year-to-date return of -19.85% compared to a 5.58% return for the Sensex, further reinforcing the notion that the stock is currently overvalued.