Is Gajanand Inter. overvalued or undervalued?

As of 4 November 2025, Gajanand International has moved from a fair to an expensive valuation grade. The company is currently considered overvalued, with a PE ratio of 61.48, an EV to EBIT of 19.94, and an EV to EBITDA of 18.81. These ratios indicate a significant premium compared to its peers, such as K P R Mill Ltd, which has a PE ratio of 42.51, and Trident, with a PE ratio of 33.47.
In comparison to the industry, Gajanand's valuation metrics suggest that it is trading at a much higher multiple than many of its competitors, which raises concerns about its sustainability and growth prospects. Notably, the company's recent stock performance has been poor, with a year-to-date return of -37.67%, contrasting sharply with the Sensex's positive return of 8.26% during the same period. This further reinforces the view that Gajanand International is overvalued in the current market context.