Is Singer India overvalued or undervalued?

As of 6 June 2025, Singer India has moved from fair to expensive in its valuation grade. The company is currently overvalued, as indicated by its high PE ratio of 64.38, an EV to EBITDA ratio of 71.17, and a Price to Book Value of 3.18. These ratios suggest that the stock is trading at a premium compared to its earnings and book value, raising concerns about its valuation sustainability.
In comparison with peers, Singer India's PE ratio significantly exceeds that of Whirlpool India, which stands at 46.26, and is also higher than Eureka Forbes at 72.78. The EV to EBITDA ratio of 71.17 further highlights its expensive positioning relative to the industry. While the stock has seen a notable return of 25.79% over the past month, it still lags behind the Sensex's return of 3.86% during the same period, reinforcing the notion that the stock may not be justified at its current valuation levels.