Is National Plastic overvalued or undervalued?

As of 7 November 2025, the valuation grade for National Plastic has moved from attractive to fair. The company is currently fairly valued based on its financial metrics. Key ratios include a PE Ratio of 16.50, an EV to EBITDA of 8.32, and a ROE of 18.18%.
In comparison to its peers, National Plastic's PE Ratio is significantly lower than that of Supreme Industries and Astral, which have PE Ratios of 57.38 and 82.12, respectively, indicating that National Plastic is more reasonably priced within its sector. Meanwhile, Finolex Industries, also rated fair, has a PE Ratio of 28.95, suggesting that National Plastic offers a competitive valuation. Despite a challenging year with a YTD return of -38.13% compared to the Sensex's 6.50%, the long-term performance remains strong, with a 5-year return of 888.30%, reinforcing its potential value in the market.