Is Gravita India overvalued or undervalued?

As of 31 October 2025, Gravita India has moved from an expensive to a fair valuation grade. The company is currently fairly valued. Key ratios include a PE Ratio of 33.98, an EV to EBITDA of 31.15, and a ROCE of 20.24%. In comparison to its peers, Hindustan Zinc is considered very expensive with a PE of 19.05, while Vedanta is very attractive with a PE of 14.63. Despite recent underperformance with a year-to-date return of -23.89% compared to the Sensex's 7.42%, Gravita India's strong ROCE and competitive PEG Ratio of 1.30 suggest that it is positioned well within its industry. Overall, the current valuation reflects a balanced assessment of its financial health and market conditions.