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 of 8.62, and a PEG ratio of 1.13. In comparison to its peers, Garware Hi Tech shows a higher PE of 19.8 and an EV to EBITDA of 13.46, while Uflex presents a lower PE of 13.65 and an EV to EBITDA of 6.63, highlighting the relative positioning of Kahan Packaging within the industry. The recent stock performance of Kahan Packaging has been underwhelming, with a year-to-date return of -29.03%, contrasting with a positive return of 3.15% for the Sensex. This disparity further underscores the overvaluation concern, as the company's stock has not only lagged behind the market but has also declined significantly over the past year.