Is Hindware Home In overvalued or undervalued?

As of 12 November 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 based on its financial metrics. Key ratios include a PE ratio of 870.40, an EV to EBITDA of 22.10, and a ROCE of 3.35%.
In comparison to its peers, Hindware Home In's PE ratio is significantly higher than that of V-Guard Industries, which stands at 53.33, and Bata India at 72.23, both of which are also classified as attractive. Despite the high PE ratio, the company's strong year-to-date stock return of 30.81% compared to the Sensex's 8.10% reinforces the notion that it may be undervalued relative to its growth potential.