Is Gulshan Polyols overvalued or undervalued?

As of 7 November 2025, the valuation grade for Gulshan Polyols has moved from very attractive to attractive, indicating a shift in its perceived value. The company is currently assessed as undervalued, particularly when considering its PE ratio of 22.54, a Price to Book Value of 0.15, and an EV to EBITDA of 30.19. These ratios suggest that the company is trading at a lower valuation compared to some of its peers.
In comparison to its industry peers, Gulshan Polyols stands out with a PEG ratio of 0.24, while Godrej Industries, which is also rated as attractive, has a significantly higher PE of 35.95. Other peers like Solar Industries and Gujarat Fluoroch are categorized as very expensive, with PE ratios of 97.45 and 63.86, respectively. Despite a challenging year-to-date return of -12.04% compared to the Sensex's 6.50%, Gulshan Polyols' strong fundamentals and attractive valuation metrics suggest it is positioned favorably in the market.