Is Whirlpool India overvalued or undervalued?

As of 12 September 2025, Whirlpool India has moved from an attractive to a fair valuation grade. The company is currently fairly valued based on its financial metrics, despite its high PE ratio of 48.29, which is significantly above the industry average. Other notable ratios include an EV to EBITDA of 26.67 and a PEG ratio of 2.55, indicating that while the company has strong earnings, it may be priced at a premium relative to its growth expectations.
In comparison to its peers, Whirlpool India's valuation metrics are relatively high; for instance, Eureka Forbes has a PE ratio of 65.06, while IFB Industries, which is rated attractive, has a PE of 56.66. This suggests that Whirlpool is not the most expensive player in the market but is still positioned at a premium compared to some competitors. Additionally, the company's recent stock performance has underperformed the Sensex, with a year-to-date decline of 25.74% compared to the Sensex's gain of 4.82%, reinforcing the notion that the stock may be fairly valued at this time.