Is Sylvan Plyboard overvalued or undervalued?

As of 10 October 2025, the valuation grade for Sylvan Plyboard has moved from fair to attractive, indicating a positive shift in its perceived value. The company is currently assessed as undervalued, especially when considering its key ratios such as a PE ratio of 17.72, an EV to EBITDA of 8.30, and a Price to Book Value of 0.98. These figures suggest that the stock is trading at a reasonable price relative to its earnings and assets.
In comparison to its peers, Sylvan Plyboard stands out with a significantly lower PE ratio than Century Plyboard, which has a PE of 84.84, and Greenply Industries, which has a PE of 43.72. This positions Sylvan Plyboard favorably within the industry, especially as it maintains a competitive EV to EBITDA ratio compared to its peers. Despite recent stock performance lagging behind the Sensex, with a year-to-date return of -25.76% against the Sensex's 6.94%, the current valuation metrics suggest that the stock may present a buying opportunity for investors looking for value in the plywood sector.