Valuation Metrics Indicate Attractiveness
The company’s price-to-earnings (PE) ratio stands at approximately 10.8, which is notably lower than many of its peers in the industrial manufacturing space. This figure suggests that the stock is trading at a discount relative to earnings, a key indicator of undervaluation. Complementing this, the price-to-book (P/B) ratio is 0.69, indicating the stock is priced below its book value, which often signals a bargain for value investors.
Enterprise value multiples further reinforce this view. The EV to EBIT ratio is 6.3, and EV to EBITDA is just over 4, both considerably lower than the sector heavyweights such as Schaeffler India and Timken India, which trade at multiples several times higher. This disparity highlights Austin Engg...
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