Is Viaz Tyres overvalued or undervalued?

As of 17 July 2025, the valuation grade for Viaz Tyres has moved from expensive to very expensive, indicating a significant shift in its perceived market value. The company is currently overvalued based on its financial metrics. Key ratios include a PE Ratio of 21.59, an EV to EBITDA of 11.35, and a ROCE of 12.33%.
In comparison to its peers, Viaz Tyres' PE Ratio is notably lower than Cupid's 87.75 but higher than Pix Transmission's 18.72, which is categorized as expensive. The PEG Ratio of 0.53 suggests that the stock may be priced too high relative to its growth potential. Despite a recent 7.1% return over the past week, the year-to-date performance shows a decline of 12.36%, further reinforcing the notion that Viaz Tyres is overvalued in the current market environment.