Is Tirupati Starch overvalued or undervalued?

As of 17 November 2025, the valuation grade for Tirupati Starch has moved from fair to attractive, indicating a positive shift in its market perception. The company is currently assessed as undervalued, with a PE ratio of 17.13, an EV to EBITDA of 11.26, and a ROE of 16.95%. These ratios suggest that Tirupati Starch is positioned favorably compared to its peers, particularly when contrasted with Solar Industries, which has a significantly higher PE ratio of 95.31, and Gujarat Fluoroch, with a PE of 57.85.
In addition to its attractive valuation, Tirupati Starch has demonstrated strong performance relative to the Sensex, with a year-to-date return of 25.92% compared to the Sensex's 8.72%. This performance, alongside its solid financial ratios, reinforces the conclusion that the company is undervalued in the current market environment.