Is Binny Mills overvalued or undervalued?

As of 17 October 2025, Binny Mills has moved from a risky to a very attractive valuation grade, indicating a significant improvement in its perceived investment quality. The company is currently undervalued, with a PE ratio of -7.15, a Price to Book Value of -0.35, and an EV to EBITDA ratio of 223.62. These ratios suggest that the market is not fully recognizing the potential value of Binny Mills, especially when compared to peers such as PTC India, which has a PE ratio of 7.81 and an EV to EBITDA of 4.13, indicating a more favorable valuation.
In contrast, other peers like Elitecon International and Lloyds Enterprises are categorized as very expensive, with PE ratios of 358.65 and 31.18, respectively. This further emphasizes Binny Mills' undervaluation relative to its industry. Additionally, the company's stock has outperformed the Sensex over the past three years, with a return of 86.64% compared to the Sensex's 43.73%, reinforcing the argument for its undervalued status.