Is Anya Polytech & overvalued or undervalued?

As of 2 June 2025, the valuation grade for Anya Polytech & has moved from does not qualify to very expensive. The company is currently overvalued based on its high valuation ratios. The PE ratio stands at 45.11, significantly higher than peers like Garware Hi-Tech Films Ltd. with a PE of 31.43 and AGI Greenpac Ltd. at 17.02. Additionally, Anya's EV to EBITDA ratio is 20.38, compared to Garware's 22.16, indicating a premium valuation despite its elevated multiples.
In terms of return on equity, Anya Polytech & boasts a ROE of 17.89%, which is commendable but does not justify its high valuation when compared to peers. The PEG ratio is notably at 0.00, suggesting that the stock may not be growing at a rate that aligns with its current price. While the stock has shown a 9.87% return over the past month, it still lags behind the Sensex's 4.63% return, further reinforcing the notion that the stock is overvalued in the current market context.