Is Symphony overvalued or undervalued?

As of 18 November 2025, Symphony's valuation grade has moved from very expensive to expensive, indicating a slight improvement in its perceived value. However, the company remains overvalued based on its current financial metrics. The PE ratio stands at 71.45, the Price to Book Value is 7.68, and the EV to EBITDA ratio is 32.22, all of which are significantly higher than industry averages.
In comparison to its peers, Symphony's PE ratio is notably higher than Whirlpool India's 45.28 and Eureka Forbes' 61.10, both of which are categorized as attractive. Additionally, Symphony's PEG ratio is at 0.00, suggesting no growth expectations, which further emphasizes its overvaluation. The company's recent stock performance has also been poor, with a year-to-date return of -35.09%, contrasting sharply with the Sensex's gain of 8.36% during the same period. Overall, Symphony appears to be overvalued in the current market environment.