Is Supertex Inds. overvalued or undervalued?

As of 2 June 2025, the valuation grade for Supertex Industries has moved from very attractive to attractive, indicating a shift in market perception. The company appears to be undervalued, given its current PE ratio of -9.36, a price-to-book value of 0.31, and an EV to EBITDA ratio of 13.14. In comparison, peers such as K P R Mill Ltd, which is categorized as very expensive with a PE ratio of 47.51, and Trident, rated as fair with a PE of 42.6, highlight the relative attractiveness of Supertex.
Despite the recent performance showing a 5.62% return over the past week compared to the Sensex's 1.43%, the year-to-date return of -22.90% suggests that the stock has faced significant challenges. However, with a low EV to sales ratio of 0.64 and a ROCE of 4.15%, Supertex Industries presents a compelling case for investors looking for value in the garments and apparels sector.