Is KCP overvalued or undervalued?

As of 14 November 2025, KCP's valuation grade has moved from attractive to fair, indicating a shift in market perception. The company is currently fairly valued, with a PE ratio of 14.91, an EV to EBITDA of 6.28, and a Price to Book Value of 1.49. Notably, KCP's ROCE stands at 18.95%, reflecting a solid return on capital employed.
In comparison to its peers, KCP's valuation metrics appear more favorable than those of UltraTech Cement, which is considered very expensive with a PE of 47.72, and Grasim Industries, which is very attractive at a PE of 43.32. Furthermore, KCP's PEG ratio is 0.00, which suggests that the stock may be undervalued relative to its growth prospects. Despite recent underperformance against the Sensex, with a year-to-date return of -18.35% compared to the Sensex's 8.22%, the company's fundamentals indicate it is fairly valued in the current market context.