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 metrics. Key ratios include a PE Ratio of 30.48, an EV to EBITDA of 35.44, and a Price to Book Value of 1.45, which suggest that the stock is trading at a premium compared to its earnings and book value.
In comparison to its peers, Jai Corp's PE Ratio is lower than K P R Mill Ltd, which stands at 45.8, but higher than Vardhman Textile's PE of 15.83. Additionally, while Trident is rated as fair with an EV to EBITDA of 18.23, Jai Corp's valuation remains elevated. The company's recent stock performance has been poor, with a year-to-date return of -65.06%, contrasting sharply with the Sensex's gain of 3.81% during the same period, further reinforcing the notion that Jai Corp is overvalued.