Is BSL overvalued or undervalued?

As of 15 October 2025, BSL's valuation grade has moved from very attractive to attractive, indicating a shift in market perception. The company is currently considered fairly valued. Key ratios include a PE ratio of 28.16, an EV to EBITDA of 10.59, and a ROE of 5.30%.
In comparison to its peers, BSL's PE ratio is lower than K P R Mill Ltd, which has a PE of 42.24, and Trident, which stands at 32.51. This suggests that while BSL is relatively attractive, it is still priced higher than some of its peers like Vardhman Textile, which has a PE of 13.72. Notably, BSL's stock has underperformed the Sensex year-to-date, with a return of -36.64% compared to the Sensex's 5.72%, reinforcing the notion that the stock may be fairly valued in the current market context.