Is Resourceful Auto overvalued or undervalued?

As of 24 October 2025, the valuation grade for Resourceful Auto has moved from risky to expensive. The company is currently considered overvalued based on its financial metrics. Key ratios include a PE Ratio of 13.59, an EV to EBIT of 13.77, and an EV to EBITDA of 12.96, which are relatively low compared to peers like Bajaj Auto with a PE of 33.37 and Eicher Motors at 38.77.
In comparison to its peers, Resourceful Auto's valuation appears less attractive, especially when considering the higher multiples of competitors such as TVS Motor Co. with an EV to EBITDA of 25.74 and Hero MotoCorp at 17.68. The company's recent stock performance has lagged behind the Sensex, with a year-to-date return of 1.55% compared to the Sensex's 7.77%, reinforcing the view that Resourceful Auto is overvalued in the current market environment.