Is Tasty Bite Eat. overvalued or undervalued?

As of 14 August 2025, the valuation grade for Tasty Bite Eat. has moved from expensive to fair. The company is currently fairly valued based on its financial metrics. Key ratios include a PE ratio of 68.36, an EV to EBITDA of 39.80, and a PEG ratio of 0.54, which suggests a more favorable growth outlook compared to its price.
In comparison to its peers, Tasty Bite Eat. stands out with a lower PE ratio than Hindustan Unilever's 54.86 and Nestle India's 69.82, both of which are categorized as very expensive. Despite its high valuation ratios, Tasty Bite's PEG ratio indicates that it may be undervalued relative to its growth potential. Notably, the stock has underperformed compared to the Sensex over the past three years, which may reinforce the perception of its fair valuation amidst broader market trends.