Is Shine Fashions overvalued or undervalued?

As of 12 June 2025, Shine Fashions has moved from a valuation grade of very attractive to attractive. The company is currently fairly valued. Key ratios include a PE ratio of 20.89, an EV to EBITDA of 14.51, and a PEG ratio of 0.31, which suggests strong growth potential relative to its price.
In comparison to its peers, Shine Fashions' PE ratio is significantly lower than MMTC's 115.3 and Lloyds Enterprises' 162.14, which are categorized as risky and very expensive, respectively. Conversely, PTC India, which is very attractive, has a much lower PE of 9.15, indicating that Shine Fashions is positioned well within its industry. Notably, the company's stock has outperformed the Sensex significantly over the past year, with a return of 176.57% compared to the Sensex's 6.64%, reinforcing its strong market position.