Is Vishal Bearings overvalued or undervalued?

As of 14 November 2025, the valuation grade for Vishal Bearings has moved from fair to expensive, indicating a shift in its market perception. The company is currently considered overvalued. Key ratios include a PE Ratio of -49.20, an EV to EBITDA of 16.26, and a Price to Book Value of 2.36. These figures suggest that the company is struggling with profitability, as evidenced by its negative PE Ratio and low ROE of -4.80%.
In comparison to its peers, Vishal Bearings stands out unfavorably; for instance, Schaeffler India has a PE Ratio of 59.88 and Timken India at 50.74, both categorized as very expensive, while SKF India and NRB Bearings are seen as very attractive with PE Ratios of 19.21 and 19.49, respectively. The recent stock performance shows that Vishal Bearings has underperformed against the Sensex, with a year-to-date decline of 37.53% compared to the Sensex's increase of 8.22%, reinforcing the notion that the stock is currently overvalued.