Is Jaipan Industrie overvalued or undervalued?

As of 1 September 2025, Jaipan Industrie has moved from an expensive to a fair valuation grade. The company is currently fairly valued based on its financial metrics. Key ratios include a PE ratio of 19.82, an EV to EBIT of 25.45, and a PEG ratio of 0.19, indicating a potentially attractive growth opportunity relative to its price.
When compared to peers, Jaipan's valuation appears reasonable, especially when contrasted with Elitecon International, which is deemed very expensive with a PE ratio of 715.24, and Lloyds Enterprises, also very expensive at a PE of 39.43. Notably, PTC India stands out as very attractive with a much lower PE of 8.43, highlighting the competitive landscape in the electronics and appliances sector. Despite recent underperformance relative to the Sensex, with a year-to-date return of -15.06% versus the Sensex's 2.85%, the overall valuation suggests that Jaipan Industrie is positioned fairly within its market context.