Is Viaz Tyres overvalued or undervalued?

As of 6 June 2025, the valuation grade for Viaz Tyres has moved from expensive to very expensive, indicating a significant shift in its market perception. The company is currently overvalued. Key ratios include a PE Ratio of 20.17, an EV to EBITDA of 10.70, and a ROCE of 12.33%.
In comparison to its peers, Viaz Tyres' PE Ratio is notably lower than Cupid Ltd., which has a PE of 70.91, but higher than PIX Transmissions Ltd. at 19.3. The PEG Ratio of Viaz Tyres stands at 0.49, suggesting that it may not be as attractive as Rubfila International Ltd., which is rated very attractive with a PEG of 0.94. Despite a recent stock return of 2.05% over the past week, it has underperformed the Sensex year-to-date, which returned 6.24%.