Is Asi Industries overvalued or undervalued?

As of 4 September 2025, the valuation grade for Asi Industries has moved from very attractive to attractive. The company is currently considered undervalued based on its financial metrics. Key ratios include a PE Ratio of 12.45, a Price to Book Value of 0.90, and an EV to EBITDA of 14.04, which suggest that the stock is trading at a reasonable valuation compared to its earnings and book value.
In comparison with peers, Asi Industries has a lower PE Ratio than Kajaria Ceramics, which is deemed expensive at 57.9, and a more favorable EV to EBITDA than Cera Sanitary, which stands at 25.64. The company's dividend yield of 1.95% and ROE of 7.26% further support its attractiveness in the market. Notably, despite a year-to-date return of -30.76%, the stock has significantly outperformed the Sensex over the last three years, indicating potential for recovery and growth.