Is Wim Plast overvalued or undervalued?

As of 3 November 2025, the valuation grade for Wim Plast has moved from attractive to very attractive, indicating a positive shift in its perceived value. The company is currently assessed as undervalued, with a PE ratio of 10.38, a Price to Book Value of 1.16, and an EV to EBITDA ratio of 5.04. These metrics suggest that Wim Plast is trading at a significant discount compared to its peers.
In comparison to its industry, Wim Plast's PE ratio is notably lower than that of Supreme Industries and Astral, which are both classified as very expensive with PE ratios of 58.8 and 81.9, respectively. Additionally, the company's ROCE stands at an impressive 22.97%, further supporting the undervaluation thesis. While the stock has underperformed the Sensex over the past year, it has shown resilience with a 1-month return of 6.30% compared to the Sensex's 3.41%, reinforcing its attractive valuation in the current market context.