Is Ashnoor Textile overvalued or undervalued?

As of 3 October 2025, the valuation grade for Ashnoor Textile moved from attractive to very attractive, indicating a strong positive shift in its valuation outlook. The company is currently considered undervalued, with a PE ratio of 4.72, a Price to Book Value of 0.87, and an EV to EBITDA ratio of 4.18. These figures suggest that Ashnoor Textile is trading at significantly lower multiples compared to its peers.
In comparison, K P R Mill Ltd, which is classified as very expensive, has a PE ratio of 44.24, while Trident, categorized as expensive, has a PE ratio of 33.41. This stark contrast highlights Ashnoor's favorable valuation position within the industry. Additionally, despite recent stock performance lagging behind the Sensex on a year-to-date basis, where Ashnoor has returned -33.41% compared to the Sensex's 3.93%, its strong ratios and peer comparisons reinforce the conclusion that Ashnoor Textile is indeed undervalued in the current market.