Is Gajanand Inter. overvalued or undervalued?

As of 1 October 2025, Gajanand International's valuation grade has moved from expensive to fair. The company is currently fairly valued, with a PE ratio of 22.51, an EV to EBITDA ratio of 19.04, and a Price to Book Value of 0.61. In comparison to peers, K P R Mill Ltd is very expensive with a PE ratio of 43.71, while Vardhman Textile is also fairly valued with a PE ratio of 13.96.
Despite the recent stock performance showing a significant decline year-to-date of 36.6%, which contrasts with the Sensex's gain of 5.04% during the same period, Gajanand International's current valuation metrics suggest it is not overvalued. The company's ratios indicate a potential for recovery, especially when compared to its peers in the garments and apparel industry.