Is G M Polyplast overvalued or undervalued?

As of 26 August 2025, G M Polyplast's valuation grade has moved from very attractive to fair, indicating a shift in its perceived investment potential. The company is currently fairly valued based on its key ratios, including a PE Ratio of 14.66, an EV to EBITDA of 9.30, and a ROCE of 26.76%. Compared to its peers, G M Polyplast's valuation stands out as more reasonable, particularly when contrasted with Supreme Industries and Astral, which are deemed very expensive with PE Ratios of 65.33 and 77.09, respectively.
Given the current valuation metrics, G M Polyplast appears to be fairly valued in the market. The company's recent stock performance has been underwhelming, with a year-to-date decline of 45.6%, while the Sensex has gained 3.39% in the same period. This divergence may suggest that the market has not fully recognized the company's potential, but the current ratios indicate that it is not undervalued at this time.