Is Apcotex Industri overvalued or undervalued?

As of 15 September 2025, Apcotex Industri's valuation grade has moved from expensive to fair, indicating a more favorable assessment of its market position. The company appears to be fairly valued at this time. Key ratios include a PE ratio of 36.20, an EV to EBITDA of 17.04, and a ROCE of 12.22%.
In comparison to its peers, Apcotex's PE ratio is significantly lower than Cupid, which has a PE of 117.31, but higher than Rubfila International, which stands at 15.6. This positions Apcotex competitively within its industry, particularly when considering its PEG ratio of 10.89, which suggests growth expectations are relatively high. Notably, Apcotex has outperformed the Sensex year-to-date with a return of 9.03% compared to the Sensex's 4.67%, reinforcing its valuation story.