Is Trident overvalued or undervalued?

As of 17 November 2025, Trident's valuation grade has moved from fair to attractive, indicating a positive shift in its market perception. The company is currently considered undervalued, particularly when analyzing its key financial ratios. Trident has a PE ratio of 32.69, an EV to EBITDA of 16.11, and a PEG ratio of 0.87, which suggests that it is trading at a reasonable price relative to its growth prospects.
In comparison to peers, Trident's valuation appears favorable. For instance, K P R Mill Ltd is classified as very expensive with a PE ratio of 44.24, while Welspun Living is rated fair with a PE of 37.99. This positions Trident competitively within the garments and apparel industry. Additionally, despite recent underperformance relative to the Sensex on a year-to-date and one-year basis, Trident has shown strong returns over the longer term, with a 5-year return of 280.61%, reinforcing its potential as an attractive investment opportunity.