Is Phoenix Overseas overvalued or undervalued?

As of 22 July 2025, the valuation grade for Phoenix Overseas has moved from very attractive to attractive. The company is currently considered undervalued, with a PE ratio of 8.30, an EV to EBIT ratio of 8.19, and a Price to Book Value of 0.59. These ratios suggest that the stock is trading at a significant discount compared to its earnings and book value.
In comparison to its peers, Phoenix Overseas stands out with a more favorable PE ratio than Elitecon International, which is very expensive at 316.33, and MMTC, which is risky at 114.02. Additionally, PTC India, classified as very attractive, has a PE ratio of 9.89, indicating that Phoenix Overseas remains competitively priced within its industry. Despite recent stock performance trailing the Sensex, with a year-to-date return of -15.74% compared to the Sensex's 5.99%, the underlying valuation metrics suggest that there is potential for recovery and growth.