Is Milton Industri. overvalued or undervalued?

As of 12 June 2025, the valuation grade for Milton Industries has moved from expensive to very expensive, indicating a significant shift in its perceived market value. The company is currently considered overvalued. Key ratios include a PE Ratio of 42.84, an EV to EBITDA of 24.20, and a ROCE of just 2.52%, which raises concerns about its profitability relative to its valuation.
In comparison to its peers, Milton Industries' PE Ratio is notably high when compared to Century Plyboard's PE of 86.99 and Greenply Industries' PE of 44.99, both of which are in a similar sector. Additionally, the PEG Ratio for Milton is at 0.00, suggesting no growth expectations, while Greenpanel Industries, which is rated very attractive, has a PEG of 0.00 as well but trades at a significantly lower valuation. Despite a recent one-week stock return of 2.54%, the year-to-date performance shows a decline of 29.4%, contrasting with a positive Sensex return of 5.26%, further reinforcing the overvaluation narrative.