Is Taylormade Renew overvalued or undervalued?

As of 31 October 2025, Taylormade Renew's valuation grade has moved from fair to expensive, indicating a shift in its market positioning. The company is currently considered overvalued based on its key financial ratios, including a PE ratio of 17.54, an EV to EBITDA of 11.00, and a ROCE of 18.25%. In comparison to its peers, Taylormade Renew's PE ratio is significantly lower than Siemens Energy Industries at 115.61 and ABB at 61.48, both classified as very expensive.
The company's recent stock performance has been notably poor, with a year-to-date return of -47.42% compared to the Sensex's 7.42% gain, reinforcing the notion of overvaluation. Given these factors, Taylormade Renew appears to be overvalued in the current market environment.