Is GLEN Industries overvalued or undervalued?

As of 17 November 2025, GLEN Industries has moved from a valuation grade of very expensive to expensive. The company is currently considered overvalued. Key ratios include a PE ratio of 10.94, an EV to EBITDA of 8.17, and a ROE of 31.20%.
In comparison to peers, Garware Hi Tech is categorized as very expensive with a PE ratio of 29.41, while AGI Greenpac is rated attractive with a PE of 14.48. These comparisons highlight that GLEN Industries, despite its strong ROE, is trading at a lower valuation relative to its peers, indicating that it may not justify its current price level. Additionally, GLEN Industries has outperformed the Sensex over the past week and month, which may reflect short-term market sentiment rather than long-term value.