Is Greenchef Appli. overvalued or undervalued?

As of 26 August 2025, Greenchef Appliances has moved from an attractive to an expensive valuation grade. The company is currently considered overvalued based on its financial metrics. Key ratios include a Price to Earnings (PE) ratio of 24.25, an EV to EBITDA ratio of 15.36, and a Return on Capital Employed (ROCE) of 6.23%.
In comparison to its peers, Greenchef's PE ratio is significantly lower than Whirlpool India's 45.87 and Eureka Forbes' 66.25, which are both rated as attractive and fair, respectively. Additionally, the company's stock has underperformed the Sensex, with a year-to-date return of -21.42% compared to the Sensex's positive return of 4.51%. This further reinforces the conclusion that Greenchef Appliances is overvalued at its current price of 62.00.