Is TBI Corn overvalued or undervalued?

As of 14 November 2025, TBI Corn's valuation grade has moved from fair to expensive, indicating a shift in its market perception. The company appears overvalued based on its current financial metrics, with a PE ratio of 12.44, an EV to EBITDA of 9.86, and a ROE of 13.44%. In comparison to its peers, TBI Corn's PE ratio is significantly lower than that of Hindustan Unilever, which stands at 53.87, and Nestle India at 81.83, both categorized as very expensive.
Given these ratios and the current valuation status, TBI Corn is considered overvalued. The company's stock has underperformed significantly year-to-date, down 50.66%, compared to a 9.58% increase in the Sensex, further reinforcing the notion that its current market price may not reflect its intrinsic value.