Is Haldyn Glass overvalued or undervalued?

As of 29 October 2025, Haldyn Glass has moved from an attractive to a very attractive valuation grade. The company is currently considered undervalued. Key ratios include a PE Ratio of 26.94, an EV to EBITDA of 10.83, and a Price to Book Value of 2.40.
In comparison to its peers, Haldyn Glass stands out with a significantly lower PE ratio than Asahi India Glass, which has a PE of 73.92, and Borosil, which is at 50.05. Additionally, Haldyn's PEG Ratio is notably at 0.00, indicating strong growth potential relative to its price. Despite recent stock performance lagging behind the Sensex, particularly with a YTD return of -34.47% compared to the Sensex's 8.78%, the valuation metrics suggest that Haldyn Glass presents a compelling investment opportunity.