Is Time Technoplast overvalued or undervalued?

As of 28 October 2025, Time Technoplast has moved from a fair to an attractive valuation grade. The company appears to be undervalued, given its current PE ratio of 23.38, Price to Book Value of 3.26, and EV to EBITDA of 12.41. In comparison to peers, Time Technoplast's PE ratio is significantly lower than that of Supreme Industries at 57.15 and Astral at 80.67, both categorized as very expensive. Despite recent stock performance lagging behind the Sensex, with a year-to-date return of -15.71% compared to the Sensex's 8.30%, Time Technoplast's strong ROCE of 17.85% and ROE of 13.41% suggest solid operational efficiency. This, combined with a PEG ratio of 1.11, indicates that the stock may present a compelling investment opportunity relative to its peers.