Is Excel Industries overvalued or undervalued?

As of 7 November 2025, Excel Industries has moved from an attractive to a very attractive valuation grade, indicating a positive shift in its perceived value. The company is currently considered undervalued, with a PE ratio of 15.58, an EV to EBITDA ratio of 9.43, and a PEG ratio of 0.14, all of which suggest that the stock is trading at a discount relative to its earnings growth potential.
In comparison to its peers, Excel Industries stands out favorably. For instance, UPL has a significantly higher PE ratio of 26.52, while P I Industries is categorized as very expensive with a PE of 35.49. This positions Excel Industries as a more attractive investment option within the specialty chemicals sector. Despite recent underperformance against the Sensex, particularly over the past year with a decline of 33.86% compared to the Sensex's 4.62% gain, the fundamental ratios suggest that Excel Industries is well-positioned for potential recovery and growth.