Is Kahan Packaging overvalued or undervalued?

As of 14 November 2025, Kahan Packaging's valuation grade has moved from expensive to fair, indicating a more favorable assessment of its market position. The company is currently fairly valued based on its key financial ratios, including a PE ratio of 13.11, an EV to EBITDA of 8.46, and a ROCE of 11.90%.
In comparison to its peers, Kahan Packaging's PE ratio is significantly lower than Garware Hi Tech, which stands at 27.89, and is also competitive against AGI Greenpac's PE of 14.45. This suggests that Kahan Packaging is positioned well within the industry, particularly when considering its PEG ratio of 1.00, which aligns with the market average. Despite recent underperformance, with a year-to-date return of -37.17% compared to the Sensex's 8.22%, the valuation reflects a fair assessment of its current market standing.