Is TBI Corn overvalued or undervalued?

As of 17 November 2025, TBI Corn's valuation grade has moved from expensive to fair, indicating a more favorable assessment of its stock price. The company appears to be fairly valued at this time. Key ratios include a PE Ratio of 12.34, an EV to EBITDA of 9.80, and a ROE of 13.44%.
In comparison to its peers, TBI Corn's valuation stands out against companies like Hindustan Unilever, which has a PE of 53.89, and Nestle India, with a PE of 81.88, both categorized as very expensive. Despite TBI Corn's recent stock performance, which has seen a significant decline of 56.12% over the past year compared to a 10.54% return of the Sensex, its current valuation metrics suggest that it is positioned more attractively relative to its peers in the FMCG sector.