Is GSM Foils overvalued or undervalued?

As of 31 October 2025, the valuation grade for GSM Foils has moved from expensive to very expensive, indicating a significant shift in its market perception. The company is currently overvalued based on its financial metrics. Key ratios include a PE ratio of 32.81, an EV to EBITDA of 21.99, and a ROE of 30.89%.
In comparison to its peers, Hindalco Industries has a PE ratio of 11 and an EV to EBITDA of 7.24, while National Aluminium shows a PE of 7.5 and an EV to EBITDA of 4.58, both of which highlight the premium that GSM Foils commands in the market. The company's recent stock performance has outpaced the Sensex, with a year-to-date return of 93.33% compared to the Sensex's 8.79%, further emphasizing the disparity in valuation.