Is Century Enka overvalued or undervalued?

As of 7 November 2025, the valuation grade for Century Enka has moved from expensive to fair. The company appears to be fairly valued at this time. Key ratios include a PE ratio of 16.91, a Price to Book Value of 0.07, and a negative EV to EBIT of -77.18, indicating challenges in profitability despite a low valuation multiple.
In comparison to peers, Century Enka's PE ratio is significantly lower than K P R Mill Ltd, which is very expensive at 43.65, and Trident, which is fairly valued at 32.8. This suggests that while Century Enka is not undervalued, it is positioned more attractively relative to some of its higher-valued peers in the garments and apparel industry. Notably, Century Enka's stock has underperformed against the Sensex over the past year, with a return of -35.91% compared to the Sensex's 4.62%, reinforcing the cautious outlook on its valuation.