Is Khemani Distrib. overvalued or undervalued?

As of 15 October 2025, Khemani Distrib. has moved from a grade of risky to expensive, indicating a shift in its valuation outlook. The company is currently considered overvalued, with a PE ratio of 21.07, an EV to EBIT of 15.74, and an EV to EBITDA of 15.63. Compared to peers, Khemani Distrib. stands out with a higher PE ratio than PTC India, which has a PE of 7.85, and a significantly lower PEG ratio of 0.00 compared to Lloyds Enterprises at 31.13.
The company's recent stock performance has been strong, with a year-to-date return of 41.05%, significantly outpacing the Sensex's return of 5.72% in the same period. However, despite this impressive performance, the valuation metrics suggest that Khemani Distrib. is not a bargain at its current price of 125.65, especially when compared to its peers in the retailing industry.