Is Naksh Precious overvalued or undervalued?

As of 7 November 2025, the valuation grade for Naksh Precious has moved from fair to expensive. The company is currently considered overvalued based on its financial metrics. Key ratios include a PE ratio of 13.81, an EV to EBIT of 5.55, and a PEG ratio of 0.05, which indicates a significant discrepancy in growth expectations relative to its earnings.
In comparison to its peers, Naksh Precious has a lower PE ratio than Elitecon International, which stands at 378.62, and MMTC, which has a PE ratio of 139.02, but still appears overpriced given its financial performance. The recent stock performance shows that Naksh Precious has underperformed significantly compared to the Sensex over the long term, with a year-to-date return of -44.41% versus the Sensex's 6.50%. This reinforces the conclusion that Naksh Precious is currently overvalued.