Is Subam Papers overvalued or undervalued?

As of 1 October 2025, the valuation grade for Subam Papers has moved from fair to attractive, indicating a positive shift in its perceived value. The company is currently considered undervalued based on its financial metrics. Key ratios include a PE ratio of 12.18, an EV to EBITDA of 6.85, and a ROCE of 11.12%.
In comparison to its peers, Subam Papers has a lower PE ratio than JK Paper, which stands at 18.99, and is also more favorable than West Coast Paper's PE of 12.64. This suggests that Subam Papers is positioned well within its industry, particularly given its attractive valuation amidst peers that are either fair or expensive. Additionally, while Subam Papers has shown a 17.45% return over the past month, the Sensex has only returned 0.77%, reinforcing the attractiveness of its current valuation.