Is Jay Kailash overvalued or undervalued?

As of 20 October 2025, the valuation grade for Jay Kailash has moved from expensive to fair. The company is currently fairly valued, with a PE ratio of 17.92, an EV to EBIT of 10.62, and an EV to EBITDA of 7.91. In comparison to its peers, Jay Kailash's PE ratio is significantly lower than Hindustan Unilever's 57.29 and Nestle India's 82.76, both of which are categorized as very expensive.
Despite the fair valuation, Jay Kailash has experienced a notable decline in stock performance, with a year-to-date return of -31.44%, contrasting sharply with the Sensex's positive return of 7.97% over the same period. This underperformance may suggest that the market is still cautious about the company's future prospects, even as its valuation appears more reasonable relative to its peers.