Is Esprit Stones overvalued or undervalued?

As of 29 September 2025, the valuation grade for Esprit Stones has moved from very expensive to fair, indicating a significant adjustment in its perceived value. The company is currently deemed fairly valued. Key ratios include a PE ratio of 10.93, an EV to EBITDA of 7.05, and a ROCE of 12.31%.
In comparison to its peers, Esprit Stones' PE ratio is notably lower than that of Kajaria Ceramics, which stands at 54.82, and L T Foods, which has a PE of 22.71. This suggests that Esprit Stones is trading at a discount relative to some of its competitors in the diversified consumer products industry. Additionally, the company's recent stock performance has lagged behind the Sensex, with a year-to-date return of -38.02% compared to the Sensex's 4.19%, reinforcing the valuation perspective.