Is Swashthik Plas. overvalued or undervalued?

As of 20 October 2025, the valuation grade for Swashthik Plas. has moved from expensive to fair. The company is currently fairly valued, with a PE ratio of 10.45, an EV to EBITDA of 7.79, and a Price to Book Value of 0.85. In comparison to its peers, Finolex Inds. also holds a fair valuation with a PE of 29.76 and an EV to EBITDA of 27.29, while Supreme Inds. is classified as very expensive with a PE of 59.77 and an EV to EBITDA of 38.37.
Despite the fair valuation, Swashthik Plas. has experienced significant underperformance, with a year-to-date return of -52.77% compared to the Sensex's 7.97%. This stark contrast highlights potential challenges the company faces in the market, despite its current valuation metrics indicating it is not overvalued.