Is Jhandewala Foods overvalued or undervalued?

As of 18 November 2025, Jhandewala Foods has moved from expensive to fair in its valuation grade. The company is currently fairly valued, with a PE ratio of 8.27, an EV to EBIT of 9.37, and an ROE of 19.31%. In comparison to its peers, Jhandewala Foods stands out with a significantly lower PE ratio than Hindustan Unilever at 53.39 and Nestle India at 81.48, both of which are categorized as very expensive.
Despite the recent decline in stock performance, with a year-to-date return of -53.65% compared to the Sensex's 8.36%, the valuation metrics suggest that Jhandewala Foods is positioned reasonably within its industry. Its EV to Sales ratio of 0.67 further supports the notion of fair valuation when compared to the higher ratios of its peers.