Is Ginni Filaments overvalued or undervalued?

As of 31 October 2025, Ginni Filaments has moved from a fair to an expensive valuation grade. The company is currently considered overvalued based on its financial ratios, including a PE ratio of 14.03, an EV to EBIT of 13.73, and a Price to Book Value of 1.99. When compared to peers, Ginni Filaments' PE ratio is significantly lower than K P R Mill Ltd, which has a PE of 44.28, but higher than Vardhman Textile, which stands at 14.96, indicating a mixed competitive landscape.
Despite its recent stock performance, with a year-to-date return of 44.69% compared to the Sensex's 7.42%, the elevated valuation metrics suggest that Ginni Filaments may not sustain this growth in the long term. The company's PEG ratio of 0.12 further emphasizes its current overvaluation in relation to its earnings growth potential. Overall, the combination of these factors leads to the conclusion that Ginni Filaments is overvalued in the current market environment.