Is Ceeta Industries overvalued or undervalued?

As of 17 September 2025, Ceeta Industries has moved from an expensive valuation to a fair valuation. The company appears to be fairly valued at this stage. Key ratios include a PE ratio of 59.75, an EV to EBITDA ratio of 49.77, and a PEG ratio of 0.11, indicating a significant growth potential relative to its price.
When compared to peers, Ceeta Industries has a higher PE ratio than Kajaria Ceramics, which stands at 57.77, but is lower than Asian Granito, which is at 61.98. Additionally, L T Foods, which is rated very attractive, has a much lower PE of 25.83, suggesting that Ceeta may not be the most attractive investment in its sector. Despite a recent 1-week stock return of 1.73% compared to the Sensex's 1.56%, the year-to-date performance shows a decline of 16.35% against the Sensex's gain of 5.83%, reinforcing the notion that while the stock is fairly valued, it faces challenges in the current market environment.