Is Britannia Inds. overvalued or undervalued?

As of 10 November 2025, the valuation grade for Britannia Industries has moved from very expensive to expensive, indicating a slight adjustment in its perceived value. The company is currently considered overvalued based on its high valuation ratios. Key ratios include a PE Ratio of 63.75, an EV to EBITDA of 46.03, and a PEG Ratio of 8.34, all of which are significantly higher than industry norms.
In comparison to its peers, Britannia's PE Ratio is notably higher than Hindustan Unilever's 53.51 and Godrej Consumer's 61.47, both categorized as expensive. Additionally, while Britannia's EV to EBITDA is 46.03, Hindustan Unilever's stands at 33.13, further emphasizing the relative overvaluation of Britannia. Despite its strong recent stock performance, with a year-to-date return of 28.64% compared to the Sensex's 6.91%, the high valuation ratios suggest that the stock may not be a prudent investment at its current price of 6132.15.