Is Subros overvalued or undervalued?

As of 31 October 2025, the valuation grade for Subros has moved from expensive to fair, indicating a more favorable assessment of its market position. The company is currently fairly valued, with a PE ratio of 45.35, a Price to Book Value of 6.48, and an EV to EBITDA of 21.18. These ratios suggest that while Subros is priced at a premium, it is more aligned with its peers than previously thought.
In comparison to its peers, Subros' PE ratio is higher than Samvardhana Motherson's attractive rating of 32.55 but lower than Bosch's fair rating of 49.53. Additionally, the EV to EBITDA ratio of 21.18 is significantly lower than that of Uno Minda, which is considered expensive at 36.53. Notably, Subros has outperformed the Sensex over various time frames, with a year-to-date return of 74.61% compared to the Sensex's 7.42%, reinforcing the narrative of its fair valuation in the current market context.