Is Aik Pipes & Poly overvalued or undervalued?

As of 20 October 2025, the valuation grade for Aik Pipes & Poly has moved from very expensive to expensive. The company is currently considered overvalued. Key ratios include a PE ratio of 24.36, an EV to EBIT of 17.83, and a Price to Book Value of 1.37. In comparison to peers, Aik Pipes & Poly's PE ratio is significantly lower than that of Supreme Industries at 59.77 and Astral at 80.45, both of which are classified as very expensive.
The company's recent stock performance has been notably poor, with a year-to-date return of -55.92%, while the Sensex has gained 7.97% in the same period. This stark contrast reinforces the overvaluation assessment, as Aik Pipes & Poly struggles against both its peers and the broader market.