Is Naman In-Store overvalued or undervalued?

As of 8 September 2025, the valuation grade for Naman In-Store has moved from expensive to very expensive, indicating a significant shift in its perceived value. The company is currently overvalued based on its financial metrics. Key ratios include a PE Ratio of 19.04, an EV to EBITDA of 8.86, and a Price to Book Value of 3.12, which suggest that the stock is trading at a premium compared to its earnings and asset value.
In comparison to its peers, Naman In-Store's valuation stands out unfavorably; for instance, Century Plyboard has a PE of 87.12 and Greenply Industries shows a PE of 43.07, both indicating that Naman's valuation is considerably lower yet still categorized as very expensive. Additionally, the company's recent stock performance has been poor, with a year-to-date decline of 35.2%, while the Sensex has gained 4.77% in the same period, further reinforcing the notion that Naman In-Store is overvalued in the current market context.