Is Whirlpool India overvalued or undervalued?

As of 14 November 2025, Whirlpool India has moved from an attractive to a fair valuation grade. The company appears to be fairly valued at this time. Key ratios include a PE ratio of 46.79, an EV to EBITDA of 25.44, and a ROCE of 20.26%.
In comparison to its peers, Whirlpool India's PE ratio is lower than that of LG Electronics, which stands at 49.87, while Eureka Forbes is rated attractive with a PE of 61.32. Despite its fair valuation, Whirlpool has underperformed against the Sensex, with a year-to-date return of -31.46% compared to the Sensex's 8.22%. This suggests that while the stock is fairly valued, its recent performance may raise concerns for potential investors.