Is Naksh Precious overvalued or undervalued?

As of 31 October 2025, the valuation grade for Naksh Precious has moved from expensive to fair. The company is currently fairly valued based on its financial metrics. Key ratios include a PE ratio of 13.63, an EV to EBIT of 5.47, and a PEG ratio of 0.05, which indicates strong growth potential relative to its price.
In comparison to its peers, Naksh Precious stands out against Elitecon International, which has a PE ratio of 341.32 and is deemed very expensive, and PTC India, which is rated very attractive with a PE of 8.02. The current price of Naksh Precious at 6.09 reflects a significant decline in stock performance, with a year-to-date return of -45.14%, contrasting sharply with the Sensex's positive return of 7.42% during the same period.