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 its perceived value. The company is currently considered undervalued. 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 the stock is trading at a reasonable multiple compared to its earnings and assets.
In comparison to its peers, Banswara Syntex's valuation appears favorable, especially when contrasted with K P R Mill Ltd, which has a PE Ratio of 47.3 and is classified as very expensive, and Vardhman Textile, which is fairly valued with a PE Ratio of 14.4. Despite a recent dip in stock performance relative to the Sensex over the year, the long-term returns of 277.01% over five years highlight the potential for growth, reinforcing the view that Banswara Syntex remains an attractive investment opportunity.