Is V-Guard Industri overvalued or undervalued?

As of 31 October 2025, V-Guard Industries has moved from a fair to an attractive valuation grade. The company is currently considered undervalued, with a PE ratio of 54.33, an EV to EBITDA of 31.71, and a Price to Book Value of 0.72. These ratios suggest that while the stock is trading at a high earnings multiple, it is still priced attractively compared to its peers.
In comparison with notable competitors, Metro Brands has a PE ratio of 86.64 and an EV to EBITDA of 33.80, while Bata India stands at a PE of 73.19 and an EV to EBITDA of 17.46. This indicates that V-Guard Industries is relatively more appealing in terms of valuation metrics. Additionally, despite recent underperformance against the Sensex, with a year-to-date return of -14.45% compared to the Sensex's 7.42%, the long-term performance remains strong, with a 5-year return of 113.13%.