Is Phoenix Intl. overvalued or undervalued?

As of 31 October 2025, the valuation grade for Phoenix International has moved from fair to expensive. The company is currently overvalued based on its financial metrics. Key ratios include a PE ratio of 40.04, an EV to EBITDA of 9.77, and a ROCE of just 2.47%.
In comparison to its peers, Mayur Uniquoters, which is rated as fair, has a significantly lower PE ratio of 15.71 and an EV to EBITDA of 11.91, while Sarup Industries, rated risky, has a much higher PE of 54.34. The substantial difference in these ratios indicates that Phoenix International is priced at a premium relative to its peers, suggesting that the current valuation does not align with its financial performance. Despite a recent positive stock return of 1.40% over the past week compared to a slight decline in the Sensex, the longer-term performance shows a decline of 32.71% year-to-date, reinforcing the view that the stock is overvalued.