Is Ashapuri Gold overvalued or undervalued?

As of 19 May 2025, the valuation grade for Ashapuri Gold Ornament Ltd. has moved from attractive to very attractive. The company is currently undervalued based on its financial metrics. Key ratios include a PE ratio of 18.52, an EV to EBITDA of 14.95, and a PEG ratio of 0.47, indicating strong growth potential relative to its price.
In comparison to its peers, Ashapuri Gold's PE ratio aligns closely with the industry average, while its EV to EBITDA is competitive, suggesting it is well-positioned in the market. Notably, Ashapuri Gold has outperformed the Sensex over a three-year period, with a return of 57.97% compared to the Sensex's 49.10%. However, the recent one-year performance shows a decline of 36.6%, which may be a concern for investors. Overall, the current valuation presents a favorable opportunity for investment.