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, given its strong position relative to peers. Key ratios include a PE ratio of 54.33, an EV to EBITDA of 31.71, and a Price to Book Value of 0.72, which suggest that the stock is trading at a reasonable valuation compared to its earnings and asset base.
In comparison to its peers, V-Guard's PE ratio is significantly lower than that of Metro Brands at 86.64 and Bata India at 73.19, indicating a more favorable valuation. Additionally, while V-Guard's PEG ratio stands at 0.00, reflecting no growth expectations priced in, it contrasts sharply with peers like Campus Activewear, which has a PEG of 1.74. 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 over 5 years shows a robust return of 113.13%, reinforcing the attractiveness of the current valuation.