Is PPAP Automotive overvalued or undervalued?

As of 18 September 2025, the valuation grade for PPAP Automotive has moved from very attractive to attractive. The company is currently considered overvalued based on its high PE ratio of 68.56, which significantly exceeds the industry average. Additionally, the EV to EBITDA ratio stands at 8.89, while the PEG ratio is notably low at 0.47, indicating that despite some growth potential, the current price may not justify the earnings.
In comparison to peers, PPAP Automotive's valuation is higher than that of Samvardhana Motherson, which has a PE ratio of 33.65 and is rated attractive, while Bosch is categorized as expensive with a PE of 53.11. The company's recent stock performance has outpaced the Sensex over the past week, with a return of 7.35% compared to the Sensex's 1.80%. Overall, while PPAP Automotive shows some potential, its current valuation suggests it may be overvalued relative to its peers and market conditions.