Is Subam Papers overvalued or undervalued?

As of 10 October 2025, Subam Papers has moved from a fair to an attractive valuation grade. The company is currently considered undervalued, with a PE ratio of 12.05, an EV to EBITDA of 6.79, and a ROCE of 11.12%. In comparison to its peers, JK Paper has a significantly higher PE ratio of 20.27 and an EV to EBITDA of 9.55, while West Coast Paper shows a PE of 12.59 and an EV to EBITDA of 5.76, indicating that Subam Papers offers a more favorable valuation relative to these competitors.
Despite a recent decline in stock price, with a 1-week return of -6.2% compared to the Sensex's 1.59%, the overall metrics suggest that Subam Papers is positioned well within the packaging industry. The company's attractive valuation, alongside its strong ratios, supports the conclusion that it is undervalued in the current market.