Is Kizi Apparels overvalued or undervalued?

As of 18 September 2025, Kizi Apparels has moved from an attractive to a fair valuation grade. The company is currently fairly valued, with a PE ratio of 12.39, an EV to EBITDA of 8.97, and a Price to Book Value of 0.91. Compared to its peers, Kizi Apparels shows a more favorable valuation than K P R Mill Ltd, which is very expensive with a PE of 46.41, and Trident, which is expensive with a PE of 34.81. In contrast, Vardhman Textile, also fairly valued, has a PE of 14.83, indicating that Kizi Apparels is reasonably positioned within its competitive landscape.
Despite its fair valuation, Kizi Apparels has underperformed significantly compared to the Sensex, with a year-to-date stock return of -36.09% against a Sensex return of 6.24%. This stark contrast highlights potential concerns regarding the company's growth prospects and market sentiment. Overall, while Kizi Apparels is fairly valued based on its current ratios, its recent performance suggests caution for investors.