Is Kabra Extrusion overvalued or undervalued?

As of 1 August 2025, the valuation grade for Kabra Extrusion has moved from very attractive to fair, indicating a shift in market perception. The company is currently fairly valued, with a PE ratio of 41.05, an EV to EBITDA of 21.51, and a Price to Book Value of 2.17. In comparison to peers, Thermax is deemed very expensive with a PE of 67.13, while Praj Industries is also fairly valued with a PE of 43.85.
Despite the fair valuation, Kabra Extrusion has shown a significant decline in stock performance, with a year-to-date return of -48.13%, contrasting sharply with the Sensex's positive return of 3.15% during the same period. This underperformance, coupled with a relatively high PE ratio, suggests that while the company is not overvalued, it may face challenges in justifying its current valuation in the near term.