Is NRB Bearings overvalued or undervalued?

As of 28 October 2025, NRB Bearings' valuation grade has moved from attractive to fair. The company appears to be fairly valued at this time. Key ratios include a PE ratio of 18.73, an EV to EBITDA of 12.80, and a PEG ratio of 0.41, indicating a reasonable valuation relative to its earnings growth potential. In comparison to its peers, NRB Bearings is positioned favorably against Schaeffler India, which has a PE ratio of 59.84, and Timken India at 50.09, both of which are considered very expensive. Meanwhile, SKF India, rated as very attractive, has a PE of 20.47. While NRB Bearings has underperformed the Sensex in the short term, it has shown significant long-term growth with a 290.14% return over the past five years, suggesting resilience despite recent market fluctuations.