Is Bajaj Consumer overvalued or undervalued?

As of 2 July 2025, Bajaj Consumer's valuation grade has moved from attractive to fair, indicating a shift in its perceived value. The company appears to be fairly valued at this time. Key financial metrics include a PE ratio of 25.89, an EV to EBITDA of 21.92, and a ROCE of 39.20%.
When compared to its peers, Bajaj Consumer's valuation stands out against Hindustan Unilever, which has a PE ratio of 51.99, and Nestle India, with a PE ratio of 74.44, both of which are considered very expensive. Despite the recent stock performance showing a 28.89% return over the past month compared to the Sensex's 2.50%, the overall valuation suggests that Bajaj Consumer is neither undervalued nor overvalued at this juncture.