Is Gajanand Inter. overvalued or undervalued?

As of 24 October 2025, Gajanand Inter. has moved from an expensive to a fair valuation grade. The company is currently fairly valued, with a PE ratio of 61.22, an EV to EBIT ratio of 19.88, and an EV to EBITDA ratio of 18.75. Compared to peers, K P R Mill Ltd is very expensive with a PE of 43.24, while Vardhman Textile is attractive with a PE of 15.17, highlighting Gajanand's relatively high valuation despite its fair classification.
The company's financial performance shows a ROCE of 3.34% and a ROE of 0.97%, indicating challenges in generating returns. Notably, Gajanand Inter. has underperformed the Sensex significantly over the past year, with a stock return of -44.81% compared to the Sensex's 5.72%, which reinforces the perception of its current valuation.