Is Ovobel Foods overvalued or undervalued?

As of 8 August 2025, the valuation grade for Ovobel Foods has moved from expensive to fair, indicating a more favorable assessment of its market position. The company is currently fairly valued based on its financial metrics, with a PE ratio of 14.43, an EV to EBITDA ratio of 14.95, and a ROE of 10.57%.
In comparison to its peers, Ovobel Foods stands out as more attractively priced than companies like Hindustan Unilever, which has a PE ratio of 55.24, and Nestle India, with a PE of 70.54. Despite a recent decline in stock price, Ovobel Foods has shown strong performance over the longer term, with a 3-year return of 114.21%, significantly outperforming the Sensex's 35.69% during the same period. Overall, Ovobel Foods appears to be fairly valued within its industry context.