Is Harish Textile overvalued or undervalued?

As of 18 September 2025, the valuation grade for Harish Textile has moved from attractive to very attractive, indicating a significant improvement in its perceived value. The company is currently assessed as undervalued. Key financial ratios include a PE Ratio of 14.51, an EV to EBITDA of 7.47, and a PEG Ratio of 0.03, all of which suggest strong fundamentals relative to its market price.
When compared to peers, Harish Textile's valuation stands out, particularly against LMW, which is considered very expensive with a PE Ratio of 157.65, and Bajaj Steel Industries, which has a PE Ratio of 21.58. This comparison highlights Harish Textile's competitive positioning in the industrial manufacturing sector. Despite recent underperformance in stock returns compared to the Sensex, particularly over the year and month, the overall valuation metrics indicate that Harish Textile presents a compelling investment opportunity at its current price of 57.40.