Is Captain Polyplas overvalued or undervalued?

As of 14 August 2025, Captain Polyplas has moved from a fair to attractive valuation grade, indicating a positive shift in its perceived value. The company appears to be undervalued based on its current metrics. Key ratios include a PE ratio of 21.86, an EV to EBITDA of 14.37, and a ROCE of 14.13%.
In comparison to its peers, Captain Polyplas stands out with a significantly lower PE ratio than Supreme Industries and Astral, which are both categorized as very expensive with PE ratios of 61.36 and 70.91, respectively. Additionally, while Finolex Industries is rated as fair with a PE of 29.23, Captain Polyplas's valuation remains more attractive. Despite recent stock performance showing a decline compared to the Sensex, with a year-to-date drop of 40.33%, the long-term perspective of 329.27% over three years suggests strong potential for recovery and growth.