Is Black Rose Indus overvalued or undervalued?

As of 19 November 2025, the valuation grade for Black Rose Indus has moved from expensive to very expensive. The company is currently overvalued based on its financial ratios and peer comparisons. The PE ratio stands at 26.81, while the Price to Book Value is 3.51, and the EV to EBITDA is 18.17, indicating a premium valuation compared to its peers.
When comparing Black Rose Indus to its competitors, K P R Mill Ltd has a significantly higher PE ratio of 45.22, while Trident, which is considered attractive, has a PE ratio of 32.78. This suggests that Black Rose Indus is not only overvalued relative to its peers but also lacks the growth potential indicated by its PEG ratio of 0.00. Additionally, the company's recent stock performance has lagged behind the Sensex, with a year-to-date return of -13.47% compared to the Sensex's 9.02%, reinforcing the overvaluation narrative.