Is Kiran Print Pack overvalued or undervalued?

As of 12 December 2023, Kiran Print Pack's valuation grade has moved from does not qualify to risky, indicating a shift in perception regarding its financial health. The company appears to be overvalued based on its current metrics, with a PE ratio of 17.59, a Price to Book Value of 6.17, and a PEG ratio of 0.35, which suggests that while the stock may have growth potential, it is not adequately reflected in its current price.
In comparison to its peers, Kiran Print Pack's valuation stands out unfavorably. For instance, Doms Industries is categorized as very expensive with a PE ratio of 72.62, while Flair Writing, deemed fair, has a PE of 23.28. This disparity highlights Kiran Print Pack's relatively high valuation despite its risky classification. Additionally, the company's recent stock performance shows a significant YTD decline of -20.89%, contrasting with a Sensex return of 5.59%, reinforcing the notion that the stock may not be a sound investment at its current price.