Is National Plastic overvalued or undervalued?

As of 1 October 2025, the valuation grade for National Plastic has moved from attractive to very attractive, indicating a stronger position in the market. The company is currently considered undervalued, with a PE ratio of 17.09, an EV to EBITDA of 8.46, and a ROE of 17.85%. These ratios suggest that National Plastic is performing well relative to its earnings and equity.
In comparison to its peers, National Plastic's valuation metrics stand out significantly. For instance, Supreme Industries has a PE ratio of 59.83, while Astral's PE ratio is even higher at 76.45, both categorizing them as very expensive. This positions National Plastic favorably within its industry, as it offers a more attractive valuation relative to its competitors. Despite recent stock performance showing a decline of 37.08% year-to-date compared to a 3.64% increase in the Sensex, the long-term outlook remains promising, with a 5-year return of 682.40%.