Is Tunwal E-Motors overvalued or undervalued?

As of 3 September 2025, the valuation grade for Tunwal E-Motors has moved from very expensive to expensive. The company appears to be overvalued based on its current financial ratios. Key metrics include a PE ratio of 14.37, an EV to EBITDA of 15.71, and a ROE of 11.56%.
In comparison to its peers, Tunwal E-Motors has a significantly lower PE ratio than Bajaj Auto at 33.54 and Eicher Motors at 36.04, both of which are categorized as expensive and very expensive, respectively. Additionally, the company's recent stock performance has lagged behind the Sensex, particularly with a year-to-date return of -40.56% compared to the Sensex's 4.53%. Overall, Tunwal E-Motors is positioned as overvalued in the current market environment.