Is Ceeta Industries overvalued or undervalued?

As of 22 September 2025, Ceeta Industries has moved from an expensive to a fair valuation grade. The company is currently fairly valued based on its financial metrics. Key ratios include a PE ratio of 58.01, an EV to EBITDA ratio of 48.41, and a PEG ratio of 0.11, indicating potential growth relative to its price.
In comparison to peers, Kajaria Ceramics is considered expensive with a PE ratio of 56.02, while L T Foods is very attractive with a significantly lower PE of 25.55. Despite Ceeta's fair valuation, its recent stock performance has lagged behind the Sensex, with a year-to-date return of -18.78% compared to the Sensex's 5.15%. This suggests that while the company is fairly valued, market sentiment may not fully reflect its potential.