Is Captain Polyplas overvalued or undervalued?

As of 10 October 2025, Captain Polyplas has moved from an attractive to a fair valuation grade. The company is currently fairly valued, with a PE ratio of 25.29, an EV to EBITDA of 16.35, and a ROCE of 14.13%. In comparison to its peers, Finolex Industries, which is also fairly valued, has a higher PE ratio of 30.09, while Time Technoplast, another fair peer, has a lower PE ratio of 24.89.
Despite the recent stock performance showing a significant 21.51% return over the past week compared to the Sensex's 1.59%, the year-to-date return of -31.25% indicates that the stock has underperformed relative to the broader market. Overall, Captain Polyplas appears to be fairly valued in the current market context, with its key ratios aligning closely with its peers in the industry.