Is Veekayem Fash. overvalued or undervalued?

As of 17 November 2025, the valuation grade for Veekayem Fash. has moved from very expensive to expensive, indicating a shift in perception regarding its valuation. The company is currently considered overvalued. Key ratios include a PE ratio of 17.77, an EV to EBIT of 11.58, and a PEG ratio of 0.20, which suggests that despite the high valuation grade, the growth potential may not justify the current price.
In comparison to peers, K P R Mill Ltd is classified as very expensive with a PE ratio of 44.24, while Trident is rated attractive with a PE of 32.69. This positions Veekayem Fash. in a relatively better light among its peers, yet it still appears overvalued given its current metrics. Notably, the stock has underperformed against the Sensex over the past year, with a return of -16% compared to the Sensex's 10.54%, reinforcing the valuation concerns.