Is Asahi India Glas overvalued or undervalued?

As of 30 June 2025, the valuation grade for Asahi India Glas has moved from expensive to very expensive. The company is currently overvalued, with a PE ratio of 53.02, a Price to Book Value of 6.90, and an EV to EBITDA of 27.36. In comparison to peers, Borosil has a PE of 55.04, while La Opala RG shows a significantly lower PE of 29.96, indicating that Asahi India Glas is trading at a premium relative to some competitors despite its high valuation grade.
The company's financial metrics reflect a challenging valuation scenario, particularly with a PEG ratio of 8.87, suggesting limited growth prospects relative to its price. Additionally, while the stock has outperformed the Sensex over the past year with a return of 13.07% compared to the Sensex's 5.79%, the overall high valuation metrics indicate that the stock may not be a sustainable investment at current levels.