Is Hindprakash Indu overvalued or undervalued?

As of 4 November 2025, Hindprakash Indu's valuation grade has moved from attractive to fair, indicating a shift in market perception. The company is currently fairly valued, with a PE ratio of 104.60, an EV to EBITDA ratio of 46.77, and a ROCE of 4.82%. These ratios suggest that while the company is generating some returns, its valuation metrics are significantly higher than typical industry standards.
In comparison to its peers, Hindprakash Indu's PE ratio is notably high, with Sudarshan Chem at 105.55 and Meghmani Organics at 104.67, both of which are also in the fair valuation range. This positions Hindprakash Indu as relatively consistent with its peers but still on the higher end of valuation. The recent stock performance shows a 6.33% return over the past week, contrasting with a -1.38% return for the Sensex, which may suggest some investor confidence despite the overall market trends.