Is Haldyn Glass overvalued or undervalued?

As of 12 November 2025, Haldyn Glass has moved from an attractive to a very attractive valuation grade. The company is currently considered undervalued, especially when compared to its peers in the packaging industry. Key ratios include a PE Ratio of 23.65, an EV to EBITDA of 9.51, and a PEG Ratio of 0.00, indicating strong potential for growth relative to its price.
In comparison, Asahi India Glass, which is categorized as very expensive, has a PE Ratio of 86.12 and an EV to EBITDA of 35.36, while Borosil Renewables is also very expensive with a PE Ratio of 233.48 and an EV to EBITDA of 51.11. Haldyn Glass's valuation metrics suggest it is positioned favorably against these peers, reinforcing its undervalued status. Despite recent stock performance trailing the Sensex, particularly with a year-to-date decline of 37.75% compared to the Sensex's 8.10% gain, the company's fundamentals indicate a compelling investment opportunity.