Is Gokaldas Exports overvalued or undervalued?

As of 29 August 2025, Gokaldas Exports has moved from a valuation grade of very expensive to expensive. The company is currently considered overvalued based on its financial ratios. The PE ratio stands at 28.53, the EV to EBIT ratio is 19.58, and the EV to EBITDA ratio is 12.61, which are relatively high compared to its peers. For instance, K P R Mill Ltd has a significantly higher PE ratio of 40.98, while Vardhman Textile offers a more attractive PE of 14.4.
In comparison to its peers, Gokaldas Exports' PEG ratio of 0.85 suggests that it may be priced higher than its growth prospects warrant, especially when compared to Trident's PEG of 0.99 and Welspun Living's attractive valuation metrics. Additionally, the recent stock performance has been underwhelming, with a year-to-date return of -40.50%, contrasting sharply with the Sensex's positive return of 2.14% during the same period, reinforcing the view that Gokaldas Exports is overvalued in the current market environment.