Is Haldyn Glass overvalued or undervalued?

As of 31 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 27.00, an EV to EBITDA of 10.86, and a ROE of 8.77%.
When compared to peers, Haldyn Glass stands out as more reasonably valued against Asahi India Glass, which has a PE ratio of 72.47 and an EV to EBITDA of 33.64, indicating a significant premium. Additionally, Borosil, which is categorized as expensive, has a PE ratio of 49.98. Despite recent stock performance lagging behind the Sensex over the past year, Haldyn Glass shows potential for recovery, especially given its attractive valuation metrics relative to its peers.