Is Asian Granito overvalued or undervalued?

As of 24 October 2025, the valuation grade for Asian Granito has moved from attractive to very attractive, indicating a significant positive shift in its perceived value. The company is currently considered undervalued. Key ratios include a PE Ratio of 65.75, an EV to EBITDA of 21.47, and a PEG Ratio of 0.32, which suggests that the stock may be undervalued relative to its growth potential.
In comparison to its peers, Asian Granito's PE Ratio is notably higher than Kajaria Ceramics at 49.4 and Cera Sanitary at 31.8, both of which are rated as attractive. However, it is important to note that its PEG Ratio of 0.32 is significantly lower than that of Kajaria Ceramics, indicating better growth prospects relative to its price. Despite recent underperformance against the Sensex, with a year-to-date return of -7.26% compared to the Sensex's 7.77%, the current valuation metrics suggest that Asian Granito presents a compelling investment opportunity.