Is Swashthik Plas. overvalued or undervalued?

As of 30 October 2025, the valuation grade for Swashthik Plastics has moved from expensive to fair. This indicates a shift in perception regarding its market value, suggesting that the company is currently fairly valued. Key ratios include a PE ratio of 9.82, an EV to EBITDA ratio of 7.57, and a Price to Book Value of 0.80, all of which align with a more reasonable valuation compared to its peers.
In comparison to its industry peers, Swashthik Plastics stands out with a significantly lower PE ratio than Supreme Industries at 56.92 and Astral at 81.14, both of which are categorized as very expensive. Additionally, the company's EV to EBITDA ratio of 7.57 is more favorable than that of Finolex Industries, which is also rated fair but has a much higher EV to EBITDA of 27.23. Notably, Swashthik Plastics has underperformed against the Sensex, with a year-to-date return of -55.63% compared to the Sensex's gain of 8.02%, reinforcing the notion that it is currently fairly valued in a challenging market environment.