Is Angel Fibers overvalued or undervalued?

As of 26 June 2025, the valuation grade for Angel Fibers has moved from risky to very expensive. This indicates a significant shift in perception regarding the company's valuation. Based on the analysis, Angel Fibers appears to be overvalued. The company's PE ratio stands at 24.42, while its EV to EBITDA ratio is 11.72, and the ROE is 7.04%.
When compared to peers, K P R Mill Ltd has a much higher PE ratio of 46.76, and Trident, which is rated fair, has a PE of 43.56. This suggests that Angel Fibers is trading at a premium relative to its peers, despite its lower performance metrics. Additionally, the company's recent stock performance has been underwhelming, with a year-to-date return of -10.69%, contrasting sharply with the Sensex's positive return of 7.19% during the same period.