Is Harish Textile overvalued or undervalued?

As of 18 November 2025, Harish Textile's valuation grade has moved from attractive to very attractive, indicating a significant improvement in its perceived value. The company is currently considered undervalued, supported by a PE ratio of 6.32, an EV to EBITDA of 5.33, and a PEG ratio of 0.02, which suggests that the stock is trading at a low price relative to its earnings growth potential.
In comparison to its peers, Harish Textile stands out with a much lower PE ratio than LMW, which is very expensive at 135.11, and Bajaj Steel Industries, which has a PE of 19.29. Additionally, the EV to EBITDA ratio of 5.33 is significantly more favorable than that of Integra Engineering at 21.58. Despite a challenging year-to-date return of -25.18% compared to the Sensex's 8.36%, the long-term performance over three years shows a robust return of 65.44%, reinforcing the undervaluation narrative.