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 undervalued, with a PE ratio of 27.00, an EV to EBITDA ratio of 10.86, and a Price to Book Value of 2.41. Compared to its peers, Haldyn Glass stands out favorably; for instance, Asahi India Glass is deemed very expensive with a PE ratio of 72.47, while Borosil is also expensive at a PE of 49.98.
Despite recent underperformance relative to the Sensex, with a year-to-date return of -34.31% compared to the Sensex's 7.42%, Haldyn Glass's financial metrics suggest it is a compelling investment opportunity. The company's PEG ratio of 0.00 indicates significant growth potential, reinforcing its undervalued status in the current market landscape.