Is Ashnoor Textile overvalued or undervalued?

As of 25 September 2025, the valuation grade for Ashnoor Textile has moved from attractive to very attractive, indicating a significant improvement in its perceived value. The company is currently considered undervalued, with a PE ratio of 4.79, a price to book value of 0.89, and an EV to EBITDA of 4.22, all of which are well below industry averages.
In comparison to its peers, Ashnoor Textile stands out with a notably low PE ratio compared to K P R Mill Ltd at 44.72 and Trident at 33.99, both of which are classified as expensive. Additionally, Ashnoor's PEG ratio of 0.07 further emphasizes its undervaluation relative to the market. Despite a challenging year-to-date return of -32.41%, the company's long-term performance remains strong, with a remarkable 5-year return of 412.58%, suggesting resilience and potential for recovery.