Is New Light Appare overvalued or undervalued?

As of 20 June 2025, the valuation grade for New Light Appare has moved from attractive to very attractive. The company is currently considered undervalued based on its financial ratios, with a PE ratio of 14.75, an EV to EBITDA of 15.75, and a PEG ratio of 0.00. In comparison, peers like K P R Mill Ltd are deemed very expensive with a PE of 45.61, and Trident is rated fair with a PE of 40.75, highlighting New Light Appare's relative value.
Despite recent stock performance showing a decline of 8.57% over the past week compared to a 1.59% increase in the Sensex, the company's fundamentals suggest it is positioned favorably within its industry. The ROCE stands at 7.16% and ROE at 7.92%, further indicating potential for growth and profitability. Overall, New Light Appare appears to be a compelling investment opportunity given its attractive valuation metrics relative to peers.