Is Naksh Precious overvalued or undervalued?

As of 31 October 2025, Naksh Precious has moved from an expensive to a fair valuation grade. 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 ROCE of 7.65%.
In comparison to its peers, Naksh Precious stands out with a PE Ratio of 13.63, while Elitecon International is deemed very expensive with a PE of 341.32, and PTC India is very attractive with a PE of 8.02. Despite recent stock performance lagging behind the Sensex, with a YTD return of -45.14% compared to the Sensex's 7.42%, the current valuation suggests that Naksh Precious is positioned fairly within its industry.