Is Piotex Indus. overvalued or undervalued?

As of 26 August 2025, the valuation grade for Piotex Industries has moved from very attractive to fair. The company is currently fairly valued based on its financial metrics. Key ratios include a PE ratio of 9.47, an EV to EBIT of 7.31, and a ROCE of 17.02%.
In comparison to its peers, Piotex Industries has a lower PE ratio than K P R Mill Ltd, which is very expensive at 40.67, and a more favorable EV to EBITDA ratio compared to Trident, which stands at 15.45. The stock has underperformed relative to the Sensex, with a year-to-date return of -16.31% compared to the Sensex's 3.39%, reinforcing the notion that the stock is fairly valued given its current performance and market conditions.