Is Huhtamaki India overvalued or undervalued?

As of 1 September 2025, Huhtamaki India has moved from a fair to an expensive valuation grade. The company is currently considered overvalued, with a PE ratio of 24.02, an EV to EBITDA of 12.86, and a Price to Book Value of 1.42. These ratios indicate that the stock is trading at a premium compared to its earnings and book value.
In comparison to its peers, Huhtamaki India stands out with a higher PE ratio than Garware Hi Tech, which has a PE of 19.85, and is significantly above AGI Greenpac, which boasts a PE of 16.25. The PEG ratio for Huhtamaki is notably low at 0.00, suggesting that there is little to no growth expected, which further supports the view of overvaluation. Additionally, while Huhtamaki has underperformed in the last year with a return of -43.19% compared to the Sensex's -2.43%, it has shown some resilience in the short term with a 1-week return of 6.57%.