Is Tasty Bite Eat. overvalued or undervalued?

As of 17 September 2025, the valuation grade for Tasty Bite Eat has moved from fair to attractive, indicating a positive shift in its perceived value. The company is currently considered undervalued, especially when compared to its peers. Tasty Bite's PE ratio stands at 64.65, with an EV to EBITDA of 37.69 and a PEG ratio of 0.51, suggesting that it is relatively more attractive in terms of growth potential compared to its competitors.
In comparison, Hindustan Unilever, which is deemed very expensive, has a PE ratio of 56.83 and an EV to EBITDA of 40.12, while Nestle India, also very expensive, shows a PE ratio of 77.37 and an EV to EBITDA of 64.69. Despite Tasty Bite's recent stock performance lagging behind the Sensex over various periods, its strong ratios and attractive valuation grade position it favorably within the FMCG sector.