Valuation Metrics in Context
At a price of ₹32.75, Tunwal E-Motors trades with a price-to-earnings (PE) ratio of approximately 15.9, which is relatively moderate compared to some peers but still reflects a premium given the company’s fundamentals. The price-to-book (P/B) ratio stands at 1.55, indicating that the market values the company at over one and a half times its book value. Enterprise value to EBITDA (EV/EBITDA) is around 17.1, suggesting that investors are paying a significant multiple for the company’s earnings before interest, taxes, depreciation and amortisation.
These multiples place Tunwal E-Motors in the “very expensive” category, a notch above its previous “expensive” rating as of 21 November 2025. This shift signals heightened market expectations for g...
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