Is Banswara Syntex overvalued or undervalued?

As of 22 September 2025, the valuation grade for Banswara Syntex has moved from attractive to very attractive. The company is currently considered undervalued. Key ratios include a PE ratio of 22.43, an EV to EBITDA of 8.62, and a Price to Book Value of 0.79, which indicate that the company is trading at a discount relative to its earnings and book value.
In comparison to peers, Banswara Syntex's PE ratio is significantly lower than K P R Mill Ltd, which has a PE of 46.89, and Trident, which stands at 35.45. This suggests that Banswara Syntex offers a more favorable valuation in the garments and apparel industry. Additionally, while the stock has underperformed the Sensex year-to-date, its strong historical performance over five years, with a return of 274.42% compared to the Sensex's 117.73%, reinforces its potential for future growth.