Is Asahi Songwon overvalued or undervalued?

As of 13 June 2025, the valuation grade for Asahi Songwon has moved from attractive to very attractive, indicating a significant positive shift in its valuation outlook. The company is currently assessed as undervalued, supported by key ratios such as a PE ratio of 25.54, an EV to EBITDA of 11.85, and a remarkably low PEG ratio of 0.03. These metrics suggest that the stock is trading at a favorable valuation compared to its growth prospects.
In comparison to its peers, Asahi Songwon stands out with a much lower PE ratio than Sudarshan Chemicals, which is considered expensive at 76.64, and Kiri Industries, which has a PE of 13.23 but is labeled as risky. Additionally, while Ultramarine Pigments is categorized as attractive with a PE of 19.68, Asahi's valuation remains more compelling given its growth potential and lower PEG ratio. Notably, Asahi Songwon has outperformed the Sensex over the past three years, with a return of 55.69% compared to the Sensex's 53.50%, reinforcing its strong valuation case.