Is Jubilant Food overvalued or undervalued?

As of 23 September 2025, the valuation grade for Jubilant Food has moved from attractive to fair, indicating a shift in its perceived value. The company appears to be fairly valued at this time, with a PE ratio of 156.04, an EV to EBITDA of 27.58, and a ROCE of 12.22%. In comparison to its peers, Page Industries has a significantly lower PE ratio of 62.44, while Sapphire Foods is rated attractive with a much higher PE of 409.59, suggesting that Jubilant Food is positioned in a unique valuation landscape within its industry.
Despite the fair valuation, Jubilant Food's recent stock performance has lagged behind the Sensex, with a year-to-date return of -13.87% compared to the Sensex's 5.07%. This underperformance, along with its high valuation ratios, suggests that while the company is not overvalued, it may face challenges in justifying its current price levels in the near future.