Is Jet Knitwears overvalued or undervalued?

As of 14 October 2025, the valuation grade for Jet Knitwears has moved from expensive to very expensive. The company is currently overvalued based on its high valuation ratios, including a PE ratio of 137.25, an EV to EBITDA ratio of 27.89, and an EV to EBIT ratio of 35.07. These figures indicate that the stock is priced significantly higher than its earnings and operational performance would suggest.
In comparison to its peers, Jet Knitwears stands out with a PE ratio that is substantially higher than K P R Mill Ltd's 42.08 and Trident's 32.54, both of which are also categorized as very expensive and fair, respectively. Additionally, Jet Knitwears has a PEG ratio of 0.00, indicating a lack of growth prospects, which further supports the notion of overvaluation. The company's recent stock performance has lagged behind the Sensex, with a year-to-date return of -0.91% compared to the Sensex's 6.35%, reinforcing the conclusion that Jet Knitwears is not a favorable investment at its current price.