Is Piotex Indus. overvalued or undervalued?

As of 28 August 2025, the valuation grade for Piotex Industries has moved from fair to very attractive, indicating a significant improvement in its investment appeal. The company is currently assessed as undervalued, especially when considering its key financial ratios: a PE ratio of 9.47, an EV to EBIT of 7.31, and a ROCE of 17.02%. These figures suggest that the company is trading at a discount compared to its earnings and capital efficiency.
In comparison to its peers, Piotex Industries stands out with a much lower PE ratio than K P R Mill Ltd, which is at 40.73, and Trident, which has a PE of 32.1. The EV to EBITDA ratio of Piotex at 7.27 also contrasts sharply with the higher valuations of its peers, reinforcing the notion of its undervaluation. Despite recent underperformance in stock returns compared to the Sensex, with a year-to-date decline of 16.31% against a 2.48% gain in the index, the fundamental metrics suggest that Piotex Industries presents a compelling investment opportunity at its current price of 62.35.