Is Command Polymers overvalued or undervalued?

As of 17 November 2025, the valuation grade for Command Polymers has moved from fair to expensive, indicating that the company is currently overvalued. The key ratios highlight this assessment, with a PE ratio of 140.16, an EV to EBITDA of 24.01, and a ROE of just 1.70%. These figures suggest that the company's valuation does not align with its financial performance.
In comparison to its peers, Command Polymers stands out with a significantly higher PE ratio than companies like Finolex Industries, which has a PE of 24.16 and is considered fairly valued. Other peers such as Supreme Industries and Astral are categorized as very expensive, but their PE ratios of 54.4 and 77.37, respectively, are still notably lower than that of Command Polymers. The recent stock performance shows a 1-week return of 4.98%, outperforming the Sensex's 1.69%, but the year-to-date return of -28.64% indicates a significant decline relative to the market. Overall, Command Polymers appears to be overvalued in the current market context.