Is Gopal Snacks overvalued or undervalued?

As of 18 July 2025, Gopal Snacks has moved from a valuation grade of very expensive to expensive. The company is currently considered overvalued. Key ratios include a PE ratio of 68.61, an EV to EBITDA of 42.98, and a Price to Book Value of 10.23, all of which indicate a premium valuation compared to peers.
In comparison, Hindustan Unilever has a PE ratio of 56.18 and an EV to EBITDA of 38.76, while Britannia Industries shows a PE of 63.04 and an EV to EBITDA of 43.40. These figures suggest that Gopal Snacks is trading at a higher valuation relative to its peers in the FMCG sector. Despite a recent one-year stock return of 6.78%, which outperformed the Sensex's 0.51%, the overall valuation metrics indicate that Gopal Snacks is not justified at its current price level.