Is Time Technoplast overvalued or undervalued?

As of 1 October 2025, the valuation grade for Time Technoplast has moved from attractive to fair, indicating a shift in its perceived value. The company is currently fairly valued based on its financial metrics. Notable ratios include a PE Ratio of 24.93, an EV to EBITDA of 13.18, and a ROCE of 17.85%.
In comparison to peers, Time Technoplast's PE Ratio is significantly lower than that of Supreme Industries at 59.83 and Astral at 76.45, both categorized as very expensive. Additionally, EPL Ltd, which is also rated fair, has a much lower PE Ratio of 17.12, suggesting that Time Technoplast is positioned reasonably within its industry. Despite recent underperformance relative to the Sensex, particularly over the year with a return of 14.25% against the Sensex's -3.90%, the overall valuation suggests that Time Technoplast is neither undervalued nor overvalued at this time.