Is Goyal Salt overvalued or undervalued?

As of 5 September 2025, Goyal Salt's valuation grade has moved from very attractive to very expensive, indicating a significant shift in its market positioning. The company is currently assessed as overvalued, with a PE ratio of 23.19, an EV to EBITDA ratio of 27.27, and a Price to Book Value of 5.72. These metrics suggest that the stock is trading at a premium compared to its earnings and book value.
In comparison to its peers, Goyal Salt's PE ratio is notably lower than Hindustan Unilever's 58.11 and Nestle India's 77.49, both of which are also classified as very expensive. However, Goyal Salt's PEG ratio of 0.58 is more favorable than many of its counterparts, indicating potential growth relative to its price. Despite a recent strong performance against the Sensex, with a 1-week return of 7.89% compared to the Sensex's 1.29%, the overall valuation suggests that Goyal Salt may not offer a compelling investment opportunity at its current price level.