Is Nahar Spinning overvalued or undervalued?

As of 17 November 2025, the valuation grade for Nahar Spinning has moved from attractive to very attractive. This indicates a strong positive shift in its valuation outlook. The company is currently assessed as undervalued, supported by a PE ratio of 20.09, a Price to Book Value of 0.48, and an EV to EBITDA of 7.93.
In comparison to its peers, Nahar Spinning stands out with a significantly lower PEG ratio of 0.08, while K P R Mill Ltd is considered very expensive with a PE ratio of 44.24, and Trident is attractive with a PE ratio of 32.69. Additionally, Nahar Spinning's EV to Sales ratio of 0.45 further emphasizes its undervaluation relative to the industry. Despite recent underperformance against the Sensex, particularly over the last year, the long-term outlook remains promising, as evidenced by a substantial 5-year return of 397.31%.