Is Trident overvalued or undervalued?

As of 14 November 2025, Trident's valuation grade has moved from expensive to fair, indicating a shift in its market positioning. The company is currently fairly valued, with a PE ratio of 32.40, an EV to EBITDA ratio of 15.89, and a PEG ratio of 0.86. In comparison to its peers, K P R Mill Ltd is considered very expensive with a PE of 43.91, while Welspun Living is also fair with a PE of 38.07, highlighting that Trident's valuation is more reasonable within the industry context.
Despite recent underperformance relative to the Sensex, with a year-to-date return of -15.61% compared to the Sensex's 8.22%, Trident's financial metrics suggest it is positioned well among its peers. The company's ROCE stands at 9.76% and ROE at 8.00%, which are competitive figures in the garments and apparel sector. Overall, Trident appears to be a fair investment opportunity at its current price of 28.22.