Is Banswara Syntex overvalued or undervalued?

As of 19 September 2025, the valuation grade for Banswara Syntex has moved from very attractive to attractive, indicating a shift in market perception. The company appears to be fairly valued at this time. Key ratios include a PE Ratio of 23.42, an EV to EBITDA of 8.81, and a Price to Book Value of 0.82, which suggest that while the company is not undervalued, it is also not significantly overvalued compared to its peers.
In comparison to its industry peers, Banswara Syntex's PE Ratio of 23.42 is lower than K P R Mill Ltd, which is considered very expensive at a PE of 47.3, and Trident, which has a PE of 35.29 and is classified as expensive. Conversely, Vardhman Textile, which is rated as fair, has a PE of 14.4, indicating that Banswara Syntex is positioned in a competitive range within the market. Notably, while Banswara Syntex has underperformed the Sensex year-to-date with a return of -7.50% compared to the Sensex's 5.74%, its long-term performance over five years shows a substantial gain of 277.01%, outpacing the Sensex's 112.70%.