Is Varyaa Creations overvalued or undervalued?

As of 29 September 2025, Varyaa Creations has moved from a fair to an attractive valuation grade. The company is currently considered undervalued, with a PE ratio of 18.49, an EV to EBIT of 18.34, and a Price to Book Value of 0.78. These ratios suggest that the company is trading at a lower valuation compared to its peers.
In comparison to its industry peers, Varyaa Creations stands out as more attractively priced than Titan Company, which has a significantly higher PE ratio of 81.39, and Kalyan Jewellers, which is considered expensive at a PE of 57.86. Despite recent stock performance showing a decline of 55.71% year-to-date against a 2.85% rise in the Sensex, the valuation metrics indicate that Varyaa Creations presents a compelling investment opportunity in the gems and jewellery sector.