Is Resourceful Auto overvalued or undervalued?

As of 30 October 2025, Resourceful Auto has moved from a fair to an expensive valuation grade. The company is currently considered overvalued. Key ratios include a PE ratio of 12.72, an EV to EBIT of 12.99, and an EV to EBITDA of 12.22. When compared to peers, Bajaj Auto shows a significantly higher PE ratio of 32.79, while Eicher Motors is at 39.05, indicating that Resourceful Auto's valuation is not competitive within the industry.
Despite a recent stock performance that lags behind the Sensex, with a year-to-date return of -5.01% compared to the Sensex's 8.02%, the company's financial metrics suggest that it is not positioned favorably against its peers. The low Price to Book Value of 0.96 and a PEG ratio of 0.00 further emphasize the overvaluation, as these figures indicate that the market may not be pricing in growth potential adequately.