Is Bhageria Indust. overvalued or undervalued?

As of 19 November 2025, the valuation grade for Bhageria Industries has moved from fair to expensive, indicating a shift in perception regarding its market valuation. The company is currently deemed overvalued based on its financial metrics. Key ratios include a PE ratio of 16.55, an EV to EBITDA of 9.01, and a PEG ratio of 0.19, which suggests that while growth expectations may be low, the price relative to earnings is high.
In comparison to peers, Bhageria's PE ratio is significantly lower than that of Sudarshan Chemicals, which has a PE of 135.4, and Kiri Industries at 26.86, highlighting a disparity in valuation within the industry. Despite some attractive peers like Ultramarine Pigments with a PE of 16.92, Bhageria's current valuation does not justify its price, especially given its recent stock performance, which has underperformed the Sensex over various time frames, including a 1-year return of -3.38% compared to the Sensex's 9.81%.