Is Pyramid Technopl overvalued or undervalued?

As of 8 August 2025, Pyramid Technopl's valuation grade has moved from very attractive to fair, indicating a shift in market perception. The company appears to be fairly valued at this time. Key ratios include a PE ratio of 21.80, an EV to EBITDA of 13.47, and a ROCE of 13.65%.
In comparison to its peers, Pyramid Technopl's valuation stands out against Finolex Industries, which has a PE of 29.51 and an EV to EBITDA of 27.01, and Time Technoplast, with a PE of 26.78 and an EV to EBITDA of 13.94. These comparisons suggest that while Pyramid Technopl is fairly valued, it is less expensive than some of its peers in the packaging industry. Notably, the company's stock has underperformed against the Sensex, with a year-to-date return of -22.63% compared to the Sensex's positive return of 2.20%, reinforcing the notion that the stock may be facing challenges despite its current valuation status.