Is Tokyo Plast Intl overvalued or undervalued?

As of 13 October 2025, the valuation grade for Tokyo Plast International has moved from attractive to fair, indicating a shift in its perceived value. The company appears to be fairly valued at this time. Key ratios include a PE ratio of 118.08, an EV to EBITDA of 22.18, and a ROE of 2.16%.
In comparison to its peers, Tokyo Plast's PE ratio is significantly higher than Finolex Industries, which has a PE of 29.82, while Supreme Industries and Astral are considered very expensive with PE ratios of 60.81 and 79.07, respectively. Despite a recent positive performance against the Sensex, with a 1-year return of 11.30% compared to the Sensex's 1.16%, the high valuation ratios suggest that the stock may not have much room for further appreciation in the current market context.