Is Gorani Industrie overvalued or undervalued?

As of 19 April 2024, Gorani Industrie has moved from a fair to an attractive valuation grade. The company is currently considered undervalued. Key ratios include a PE ratio of 43.38, an EV to EBITDA of 22.38, and a ROCE of 8.37%. In comparison to its peers, Whirlpool of India Ltd. has a higher PE ratio of 46.26, while IFB Industries Ltd. presents a more favorable EV to EBITDA of 20.30, indicating that Gorani is positioned competitively within its sector.
Despite a recent underperformance relative to the Sensex, with a year-to-date return of -18.22% compared to the Sensex's 5.58%, the attractive valuation suggests potential for recovery. The PEG ratio of 0.00 further emphasizes the undervaluation, indicating that the stock may be a compelling investment opportunity relative to its growth prospects.