Is Tokyo Plast Intl overvalued or undervalued?

As of 6 November 2025, the valuation grade for Tokyo Plast Intl has moved from very attractive to attractive, indicating a shift in market perception. The company is currently considered overvalued, primarily due to its high PE ratio of 92.04 and EV to EBIT ratio of 108.28, which significantly exceed those of its peers. In comparison, Finolex Industries, categorized as fair, has a PE ratio of 28.63 and an EV to EBITDA of 26.05, highlighting the disparity in valuation metrics.
Moreover, the PEG ratio for Tokyo Plast Intl stands at 1.74, suggesting that its growth prospects may not justify its current price. The company's recent stock performance has lagged behind the Sensex, with a year-to-date return of -5.13% compared to the Sensex's 6.62%. This underperformance, coupled with the elevated valuation ratios, reinforces the conclusion that Tokyo Plast Intl is overvalued in the current market environment.