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. 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 peers, K P R Mill Ltd has a significantly higher PE ratio of 43.24, while Vardhman Textile, which is considered attractive, has a PE ratio of 15.17.
Despite the overvaluation, Ginni Filaments has shown strong stock performance, with a year-to-date return of 45.16%, significantly outperforming the Sensex's return of 7.77% over the same period. This performance may indicate market optimism, but the valuation metrics suggest caution for potential investors.