Is Vinyl Chemicals overvalued or undervalued?

As of 28 October 2025, Vinyl Chemicals has moved from an expensive to a fair valuation grade. The company is currently fairly valued, with a PE ratio of 26.15, a Price to Book Value of 0.42, and an EV to EBITDA ratio of 23.20. In comparison to its peers, Vinyl Chemicals stands out with a significantly lower PEG ratio of 0.00, while Elitecon International is deemed very expensive with a PE ratio of 357.73, and PTC India is very attractive with a PE ratio of 8.16.
Despite the fair valuation, Vinyl Chemicals has underperformed in the short term, with a year-to-date return of -18.93%, contrasting with a positive Sensex return of 8.30%. This performance may suggest potential headwinds, but the current valuation metrics indicate that the company is not overvalued relative to its peers.