Is Sunlite Recycli. overvalued or undervalued?

As of 24 October 2025, the valuation grade for Sunlite Recycli. has moved from expensive to very expensive, indicating a significant shift in its perceived market value. The company is currently considered overvalued. Key ratios include a PE ratio of 13.72, an EV to EBITDA of 8.59, and a ROE of 23.77%.
In comparison to peers, Hindustan Zinc has a PE ratio of 19.46 and an EV to EBITDA of 11.76, while Vedanta presents a more attractive valuation with a PE of 14.69 and an EV to EBITDA of 5.87. This suggests that Sunlite Recycli. is trading at a premium relative to its industry peers. Notably, while the company has outperformed the Sensex with a year-to-date return of 19.21% compared to the Sensex's 9.09%, its current valuation does not appear justified given the competitive landscape.