Is Hindware Home In overvalued or undervalued?

As of 7 October 2025, the valuation grade for Hindware Home In has moved from fair to attractive, indicating a positive shift in its perceived value. The company is currently considered undervalued. Key ratios include a PE ratio of -175.73, an EV to EBITDA of 24.38, and a Price to Book Value of 3.55, which highlight significant discrepancies in valuation metrics compared to its peers.
In comparison with its industry peers, Hindware Home In's PE ratio is notably lower than that of Metro Brands at 95.63 and V-Guard Industries at 54.92, suggesting that it may offer better value despite its negative earnings. Furthermore, while Hindware's ROCE stands at a mere 1.25% and ROE at -5.10%, it still presents an attractive investment opportunity relative to its peers like Bata India, which has a PE of 70.89. Over the past year, Hindware has outperformed the Sensex with a return of 20.12% compared to the index's 1.08%, reinforcing the narrative of its undervaluation.