Is Paragon Fine overvalued or undervalued?

As of 28 August 2025, the valuation grade for Paragon Fine has moved from fair to very attractive, indicating a significant improvement in its perceived value. The company is currently considered undervalued, with a PE ratio of 18.26, an EV to EBITDA of 10.89, and a Price to Book Value of 1.30. These ratios suggest that the stock is trading at a reasonable price relative to its earnings and book value.
In comparison to its peers, Paragon Fine's PE ratio is notably lower than that of Solar Industries, which has a PE of 99.06, and Godrej Industries, which stands at 41.86. This further supports the conclusion that Paragon Fine is undervalued within its industry. Additionally, while the stock has underperformed significantly year-to-date with a return of -41.78%, the broader Sensex has gained 3.62%, reinforcing the potential for recovery and value realization in Paragon Fine.