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 more favorable outlook for the company. Based on the analysis, Sylvan Plyboard appears to be undervalued. The company's PE ratio stands at 17.72, while its EV to EBITDA is 8.30 and the Price to Book Value is 0.98, suggesting that the stock is trading below its intrinsic value.
In comparison to its peers, Sylvan Plyboard's valuation metrics are significantly more attractive. For instance, Century Plyboard has a PE ratio of 84.84, and Greenply Industries has a PE of 43.72, both indicating higher valuations relative to Sylvan Plyboard. Additionally, while Sylvan Plyboard's ROCE is 10.14% and ROE is 5.51%, these figures suggest that the company is generating reasonable returns compared to its peers. Despite recent stock performance lagging behind the Sensex, with a year-to-date return of -25.76% compared to the Sensex's 6.94%, the current valuation metrics support the conclusion that Sylvan Plyboard is undervalued in the market.