Is Jai Corp overvalued or undervalued?

As of 13 June 2025, the valuation grade for Jai Corp has moved from very expensive to expensive. The company is currently considered overvalued based on its financial ratios and peer comparisons. Key ratios include a PE ratio of 30.48, an EV to EBITDA ratio of 35.44, and a ROE of 4.76%.
In comparison to its peers, Jai Corp's PE ratio is significantly lower than K P R Mill Ltd, which has a PE of 45.8, but higher than Vardhman Textile, which stands at 15.83. Additionally, while Trident is rated fair with a PE of 42.28, Jai Corp's valuation still appears elevated relative to its industry peers. Notably, Jai Corp has underperformed against the Sensex over the past year, with a stock return of -70.48% compared to the Sensex's 5.61%.