Is Ceeta Industries overvalued or undervalued?

As of 18 September 2025, the valuation grade for Ceeta Industries has moved from fair to expensive, indicating that the company is currently overvalued. The key ratios reveal a PE Ratio of 59.89, an EV to EBITDA of 49.88, and a Price to Book Value of 2.19, all of which are significantly higher than industry norms. In comparison, peers such as Kajaria Ceramics have a PE of 57.47 and an EV to EBITDA of 30.21, while L T Foods boasts a much lower PE of 26.02 and an EV to EBITDA of 17.22, highlighting Ceeta's relative overvaluation.
Despite a strong performance over the long term, with a 3-year return of 145.83% compared to the Sensex's 41.08%, the recent trends show a decline, with a year-to-date drop of 16.14% against the Sensex's 6.24%. Overall, Ceeta Industries appears to be overvalued based on its current financial metrics and peer comparisons.