Is Ginni Filaments overvalued or undervalued?

As of 24 October 2025, Ginni Filaments has moved from a fair to an expensive valuation grade. The company is currently considered overvalued based on its financial metrics. Key ratios include a PE Ratio of 14.08, an EV to EBITDA of 9.83, and a ROE of 14.18%.
In comparison to its peers, Ginni Filaments has a lower PE ratio than K P R Mill Ltd, which stands at 43.24, and Trident, which has a PE of 33.41, indicating that while Ginni is overvalued, it is less expensive relative to these peers. The company's stock has performed well recently, with a year-to-date return of 45.16%, significantly outperforming the Sensex's 7.77% during the same period, which may reflect market optimism despite the current overvaluation.