Is KRBL overvalued or undervalued?

As of 8 August 2025, KRBL's valuation grade has moved from attractive to fair, indicating a shift in its perceived value. The company is currently fairly valued based on its key financial ratios, including a PE ratio of 18.12, an EV to EBITDA of 12.78, and a ROE of 9.08%. Compared to its peers, KRBL's valuation appears reasonable, especially when juxtaposed with GRM Overseas, which is considered expensive with a PE of 35.12, and Chamanlal Setia, which is rated attractive at a PE of 14.93.
In the context of its recent performance, KRBL has outperformed the Sensex, with a year-to-date return of 42.13% compared to the Sensex's 2.20%. This strong performance may suggest that the market has recognized the company's potential, yet the current fair valuation indicates that it is neither undervalued nor overvalued at this time.