Is Unilex Colour &C overvalued or undervalued?

As of 24 September 2025, the valuation grade for Unilex Colour &C has moved from expensive to very expensive, indicating a significant shift in its market perception. The company is currently considered overvalued. Key ratios include a PE ratio of 9.56, an EV to EBITDA of 18.26, and a ROE of 17.39%.
When compared to peers, Unilex Colour &C's PE ratio is notably lower than Solar Industries, which stands at 100.47, and Gujarat Fluoroch at 66.74, both of which are also categorized as very expensive. Despite the lower PE, the overall valuation suggests that Unilex Colour &C is not justified at its current price of 45.00, especially given its poor year-to-date return of -47.74% compared to the Sensex's 5.97%.