Is Jet Knitwears overvalued or undervalued?

As of 6 November 2025, the valuation grade for Jet Knitwears has moved from expensive to very expensive, indicating a significant shift in its market perception. The company is currently deemed overvalued. Key ratios reveal a PE ratio of 130.96, an EV to EBITDA of 26.87, and a ROCE of just 4.92%, which are substantially higher than industry norms.
In comparison to peers, K P R Mill Ltd has a PE ratio of 43.81, while Trident stands at 32.8, both of which are significantly lower than Jet Knitwears. This stark contrast suggests that Jet Knitwears is priced at a premium without justifiable performance metrics. Additionally, the company's stock has underperformed relative to the Sensex, with a year-to-date return of -5.45% compared to the Sensex's 7.89%, further reinforcing the notion that it is overvalued in the current market environment.