Is Kahan Packaging overvalued or undervalued?

As of 14 August 2025, Kahan Packaging's valuation grade has moved from fair to expensive, indicating a shift towards overvaluation. The company is currently assessed as overvalued, with a PE ratio of 14.81, an EV to EBITDA ratio of 8.62, and a Price to Book Value of 1.90. In comparison to its peers, Garware Hi Tech has a significantly higher PE ratio of 19.8, while Uflex presents a more attractive valuation with a PE of 13.65. Kahan Packaging's financial metrics suggest it is not only overvalued relative to its peers but also underperforming in terms of stock returns, with a year-to-date decline of 29.03%, contrasting sharply with the Sensex's gain of 3.15% during the same period. This performance further reinforces the conclusion that Kahan Packaging is currently overvalued in the market.