Is Bhagyanagar Ind overvalued or undervalued?

As of 7 August 2025, the valuation grade for Bhagyanagar Ind has moved from attractive to very attractive, indicating a significant positive shift in its valuation outlook. The company is currently considered undervalued, particularly when compared to its peers. Key ratios include a PE ratio of 14.41, an EV to EBITDA of 11.91, and a PEG ratio of 0.13, which suggests strong growth potential relative to its price.
In comparison to its peers, Bhagyanagar Ind stands out as very attractive, especially against Polycab India, which has a PE ratio of 46.65, and Havells India with a PE of 66.41. This stark contrast in valuation metrics highlights Bhagyanagar Ind's relative undervaluation. Additionally, while the stock has faced some short-term challenges, its long-term performance over the past five years shows a remarkable return of 411.43%, significantly outpacing the Sensex's 111.94% return in the same period.