Is Bhagyanagar Ind overvalued or undervalued?

As of 29 May 2025, Bhagyanagar Ind has moved from an attractive to a very attractive valuation grade. The company is currently considered undervalued, especially when compared to its peers. Key ratios include a PE ratio of 17.90, an EV to EBITDA of 13.98, and a Price to Book Value of 1.21.
In comparison to its peers, Bhagyanagar Ind's valuation stands out; for instance, Havells India has a PE ratio of 64.84, while Polycab India shows a PE of 45.49, both indicating higher valuations. Additionally, the company has a PEG ratio of 0.00, suggesting strong growth potential relative to its price. Despite a challenging year-to-date performance of -17.35% compared to the Sensex's 5.59%, the long-term returns of 356.06% over five years highlight its potential for recovery and growth.