Is Kahan Packaging overvalued or undervalued?

As of 16 September 2025, Kahan Packaging's valuation grade has moved from fair to expensive, indicating that the company is currently overvalued. The key ratios reflect this assessment, with a PE Ratio of 13.84, an EV to EBITDA of 8.94, and a PEG Ratio of 1.05. In comparison to peers, Garware Hi Tech has a significantly higher PE Ratio of 24.5, while AGI Greenpac, which is rated as very attractive, has a PE Ratio of 16.21 and an EV to EBITDA of 9.36. Given these metrics, Kahan Packaging appears to be overvalued in its current market position. The company's recent stock performance has also been underwhelming, with a year-to-date return of -33.68% compared to a positive Sensex return of 5.43%, further supporting the conclusion that it may not be a favorable investment at this time.