Is Lykis overvalued or undervalued?

As of 10 November 2025, Lykis has moved from a very attractive to an expensive valuation grade. The company is currently considered overvalued based on its financial ratios. The PE ratio stands at 16.76, while the EV to EBITDA ratio is 14.62, and the PEG ratio is notably low at 0.22, indicating that the stock may not be justified at its current price level.
In comparison to its peers, Lykis's valuation appears less favorable; for instance, Tata Consumer is categorized as very expensive with a PE ratio of 84.74, while CCL Products is very attractive with a PE ratio of 42.26. Despite Lykis's recent stock performance showing a 5% return over the past week compared to a slight decline in the Sensex, its year-to-date performance is down 17.28%, suggesting a disconnect between market expectations and actual performance. Overall, Lykis is overvalued in the current market context.