Millat TractorsKAR:MTL +0.07%78 PEG Ratio is 0.70 as of Jul. 11, 2026, which is 4% above its 10-year median of 0.67. GuruFocus rates KAR:MTL with a GF Score™ of 78/100 and a GF Value™ of ₨211.53 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 105 Farm & Heavy Construction Machinery companies, Millat Tractors ranks better than 74.29% on this metric.
* The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.
The historical rank and industry rank for Millat Tractors's PEG Ratio or its related term are showing as below:
KAR:MTL'
s PEG Ratio Range Over the Past 10 Years
Min: 0.23 Med: 0.67 Max: 26
Current: 0.7
During the past 13 years, Millat Tractors's highest PEG Ratio was 26.00. The lowest was 0.23. And the median was 0.67.
KAR:MTL's PEG Ratio is ranked better than 74.29% of 105
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.05
vs KAR:MTL: 0.70
Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.
Millat Tractors (KAR:MTL) PEG Ratio Explanation
To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the P/E ratio divided by the growth ratio. He thinks a company with a P/E ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a P/E of 20, instead of a company growing 10% a year with a P/E of 10.
Millat Tractors PEG Ratio Related Terms
Millat Tractors PEG Ratio Historical Data
* Premium members only.
The historical data trend for Millat Tractors's PEG Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Farm & Heavy Construction Machinery subindustry, Millat Tractors's PEG Ratio, along with its competitors' market caps and PEG Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Millat Tractors PEG Ratio vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Millat Tractors's PEG Ratio distribution charts can be found below:
* The bar in red indicates where Millat Tractors's PEG Ratio falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
* Note: The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.
Millat Tractors (KAR:MTL) has a PEG Ratio of 0.70 as of Jul. 11, 2026. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on Millat Tractors and its competitors. This is near median its historical median of 0.67. Over the past decade, Millat Tractors' PEG Ratio has ranged from 0.23 to 26.00. According to the industry distribution chart, Millat Tractors ranks #27 out of 105 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 25.7%.
Is Millat Tractors' PEG Ratio too high?
Millat Tractors' current PEG Ratio of 0.70 is near median its 10-year median of 0.67. Over the past 10 years, this metric has ranged from a low of 0.23 to a high of 26.00. The Farm & Heavy Construction Machinery industry median PEG Ratio is 1.05. Millat Tractors' value of 0.70 is 33.3% below this industry median. Based on the distribution chart, Millat Tractors ranks #27 out of 105 companies in the Farm & Heavy Construction Machinery industry, which is above the industry midpoint. Overall, Millat Tractors has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Millat Tractors' PEG Ratio compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Millat Tractors ranks #27 out of 105 companies for PEG Ratio. This puts Millat Tractors in the upper half of its industry. The industry median PEG Ratio is 1.05. Millat Tractors' value of 0.70 is 33.3% below this benchmark. Historically, Millat Tractors' own PEG Ratio has ranged from 0.23 to 26.00 over the past decade. While the company's 10-year median is 0.67 vs. the industry median of 1.05, Millat Tractors has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PEG Ratio for a Farm & Heavy Construction Machinery company?
The median PEG Ratio among Farm & Heavy Construction Machinery companies is 1.05, based on 105 companies in the industry. Companies in the top quartile (top 25%) have a PEG Ratio significantly above this median, while those in the bottom quartile fall well below. However, PEG Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Millat Tractors's current PEG Ratio of 0.70 is 33.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PEG Ratio mean?
A high PEG Ratio can signal that a stock is expensive relative to its fundamentals. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on Millat Tractors and its competitors. For the Farm & Heavy Construction Machinery industry, the median PEG Ratio is 1.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Millat Tractors's current PEG Ratio is 0.70, which is near median its own 10-year median of 0.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Millat Tractors stock overvalued right now?
Based on GuruFocus' analysis, Millat Tractors (KAR:MTL) is currently considered Significantly Overvalued. The stock's GF Value™ is ₨211.53, compared to a current price of ₨298.67 — trading 41.2% above its estimated fair value. The current PEG Ratio is 0.70, which is near median its 10-year median of 0.67 and 33.3% below the Farm & Heavy Construction Machinery industry median of 1.05. Millat Tractors' overall GF Score™ is 78/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PEG Ratio calculated?
PEG Ratio is calculated from a company's financial statements. For Millat Tractors (KAR:MTL), the current PEG Ratio is 0.70 as of Jul. 11, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Millat Tractors (KAR:MTL) Overvalued in 2026?
Based on GuruFocus' analysis, Millat Tractors stock appears to be overvalued.
The current stock price of ₨298.67 is trading 41.2% above its estimated GF Value™ of ₨211.53.
GuruFocus considers Millat Tractors to be Significantly Overvalued.
Key valuation signals for KAR:MTL:
PEG Ratio: 0.70 (near median its 10-year median of 0.67)
GF Value™: ₨211.53 vs. price of ₨298.67 (41.2% above fair value)
Industry Position: 33.3% below the Farm & Heavy Construction Machinery median (#27 of 105)
No single metric tells the full story. See the KAR:MTL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Millat Tractors Ltd operates in the automobile sector. It is engaged in assembling and manufacturing of agricultural tractors, implements and multi-application products. The Company is also involved in the sale, implementation and support of IFS applications in Pakistan and abroad. The company's operating segment includes Tractors; Tractor components; Castings and Others. It generates maximum revenue from the Tractors segment. The tractor components segment is engaged in the business of manufacturing automotive, agricultural and industrial vehicle parts and components.
78GF Score
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