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 metrics. Key ratios include a PE Ratio of 14.75, an EV to EBITDA of 15.75, and a Price to Book Value of 1.17, which suggest that the company is trading at a reasonable valuation compared to its earnings and book value.
In comparison to peers, New Light Appare's PE Ratio of 14.75 is significantly lower than K P R Mill Ltd, which is very expensive at 45.61, and Trident, which is fairly valued at 40.75. Additionally, the PEG Ratio for New Light Appare is 0.00, indicating potential for growth at a low price relative to its earnings growth. Notably, while New Light Appare has experienced a decline in stock price over the past month, it has shown resilience with a 60% return over the past three years, aligning closely with the Sensex's performance during the same period.