Is Angel Fibers overvalued or undervalued?

As of 10 October 2025, the valuation grade for Angel Fibers has moved from risky to very expensive. The company appears to be overvalued based on its current financial metrics. Key ratios include a PE ratio of 25.92, an EV to EBITDA of 11.70, and a ROE of 6.58%.
In comparison with peers, Angel Fibers' PE ratio is significantly lower than K P R Mill Ltd, which stands at 41.5, and higher than Vardhman Textile, which has a PE of 13.63. The valuation metrics suggest that while Angel Fibers is categorized as very expensive, its financial performance does not justify this valuation, especially when considering its recent stock performance, which has underperformed the Sensex across multiple time frames.