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 assessed as 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, which stands at 49.4, and Cera Sanitary, which has a PE of 31.8. While Asian Granito's valuation appears elevated, its PEG Ratio of 0.32 indicates that it may offer better growth prospects than some competitors. Despite recent underperformance against the Sensex, with a YTD return of -7.26% compared to the Sensex's 7.77%, the overall valuation metrics suggest that Asian Granito presents a compelling investment opportunity at its current price of 62.60.