Is Lykis overvalued or undervalued?

As of 25 September 2025, Lykis has moved from an attractive to a very attractive valuation grade. The company is currently undervalued, with a PE ratio of 34.14, an EV to EBITDA of 17.43, and a ROE of 9.92%. In comparison to its peers, Tata Consumer is deemed very expensive with a PE of 85.34, while CCL Products, which is rated attractive, has a PE of 38.53, highlighting Lykis's relative value.
Despite a challenging year-to-date return of -15.33%, Lykis's valuation metrics suggest that it is positioned favorably within its industry. The PEG ratio stands at 0.00, indicating potential for growth relative to its price, further supporting the conclusion that Lykis is undervalued compared to its peers.