Is Ginni Filaments overvalued or undervalued?

As of 12 August 2025, Ginni Filaments' valuation grade has moved from very expensive to expensive, indicating a slight improvement in its perceived value. The company is currently considered overvalued. Key ratios include a PE ratio of 15.78, an EV to EBITDA of 10.84, and a PEG ratio of 0.14, which suggests that despite some positive metrics, the overall valuation remains high relative to its earnings growth potential.
When compared to peers, Ginni Filaments' PE ratio is significantly lower than K P R Mill Ltd, which stands at 39.59, and also lower than Trident's PE of 32.59, indicating that while Ginni is expensive, it is not the most overvalued in its sector. The company's recent stock performance has outpaced the Sensex, with a year-to-date return of 62.72% compared to the Sensex's 2.68%, reinforcing the notion that market sentiment may be driving the stock higher despite its overvaluation.