Is Prima Plastics overvalued or undervalued?

As of 31 October 2025, the valuation grade for Prima Plastics has moved from attractive to very attractive, indicating a significant positive shift in its perceived value. The company is currently assessed as undervalued, with a PE Ratio of 8.86, a Price to Book Value of 0.82, and an EV to EBITDA of 7.61. These ratios suggest that Prima Plastics is trading at a discount compared to its earnings and book value.
In comparison with its peers, Prima Plastics stands out with a much lower PE ratio than Supreme Industries at 57.1 and Astral at 80.07, both categorized as very expensive. Additionally, the company's PEG ratio is notably at 0.00, further reinforcing its undervaluation relative to the market. While the stock has underperformed against the Sensex over the past year, it has shown strong returns over the longer term, with a 191.30% increase over the last five years.