Is Tokyo Plast Intl overvalued or undervalued?

As of 17 October 2025, Tokyo Plast International has moved from a fair to a very attractive valuation grade. The company is currently considered undervalued, particularly in light of its low Price to Book Value of 0.20 and a PE Ratio of 96.72, which, while high, is offset by its competitive position in the market. The EV to EBITDA ratio stands at 63.76, indicating a premium compared to its peers, yet the overall valuation suggests room for growth.
In comparison to its peers, Tokyo Plast's valuation metrics are striking. For instance, Supreme Industries, deemed very expensive, has a PE Ratio of 60.2, while Finolex Industries, categorized as fair, has a significantly lower PE Ratio of 29.85. This highlights Tokyo Plast's position in the market, where it maintains a higher valuation despite its lower performance metrics, such as a ROCE of 0.44% and ROE of 0.21%. Notably, the company's recent stock performance has outpaced the Sensex over the past week, reinforcing the narrative of its undervaluation.