Is Duroply Indust. overvalued or undervalued?

As of 23 October 2025, the valuation grade for Duroply Industries has moved from very attractive to attractive. The company is currently considered overvalued based on its financial metrics. Key ratios include a PE ratio of 37.44, an EV to EBITDA of 13.10, and a PEG ratio of 0.55.
In comparison to peers, Century Plyboard has a significantly higher PE ratio of 81.02, while Greenply Industries, also attractive, has a PE of 45.31. This suggests that Duroply's valuation is not justified given its lower return on equity (ROE) of 3.99% and return on capital employed (ROCE) of 4.47%. Additionally, Duroply's stock has underperformed the Sensex over the past year, with a return of -28.69% compared to the Sensex's 5.59%, reinforcing the notion that the stock may be overvalued at its current price of 194.50.