Is Filatex India overvalued or undervalued?

As of 6 November 2025, the valuation grade for Filatex India has moved from fair to very attractive, indicating a significant positive shift in its valuation outlook. The company is currently considered undervalued. Key ratios supporting this conclusion include a PE ratio of 15.03, a Price to Book Value of 0.19, and a PEG ratio of 0.28, all of which suggest that the stock is trading at a discount relative to its earnings growth potential.
In comparison with peers, Filatex India stands out against K P R Mill Ltd, which is deemed very expensive with a PE ratio of 43.81, and Trident, which is rated fair with a PE ratio of 32.8. The stark contrast in valuation metrics highlights Filatex India's relative attractiveness in the garments and apparel sector. Additionally, while the stock has underperformed the Sensex year-to-date, it has delivered impressive returns over the longer term, with a 5-year return of 337.66%, reinforcing the potential for future growth.