Is Metroglobal overvalued or undervalued?

As of 19 November 2025, the valuation grade for Metroglobal has moved from attractive to fair. Based on the current analysis, the company appears to be fairly valued. Key ratios include a PE ratio of 6.06, an EV to EBITDA of 8.94, and a Price to Book Value of 0.36, which indicate a low valuation relative to earnings and assets.
In comparison to peers, JK Paper, which is rated attractive, has a significantly higher PE ratio of 21.09, while Pudumjee Paper, rated fair, has a PE of 10.73. This suggests that Metroglobal is trading at a discount compared to more favorably rated peers, although it remains within a fair valuation range. Notably, Metroglobal's stock has underperformed against the Sensex, with a year-to-date return of -25.33% compared to the Sensex's 9.02%, reinforcing the perception of a fair valuation amidst broader market gains.