Is L T Foods overvalued or undervalued?

As of 8 January 2025, L T Foods has moved from an attractive to a very attractive valuation grade. The company is currently considered undervalued. Key ratios include a PE ratio of 27.31, an EV to EBITDA of 18.04, and a ROCE of 15.95%.
In comparison to peers, Kajaria Ceramics is deemed expensive with a PE of 50.57, while Cera Sanitary is attractive with a PE of 34.68. L T Foods' strong performance is further highlighted by its impressive stock returns, outperforming the Sensex significantly over various periods, including a 93.57% return over the last year compared to the Sensex's 7.57%.