Triveni Engineering and Industries Valuation Shift Highlights Price Attractiveness Changes
Valuation Metrics and Market Context
Triveni Engineering and Industries, a prominent player in the sugar industry, currently exhibits a P/E ratio of 30.54 and a price-to-book value of 2.59. These figures indicate a valuation adjustment from previously fair levels to what is now considered expensive territory. The enterprise value to EBITDA ratio stands at 17.13, further underscoring the premium at which the stock is trading relative to its earnings before interest, taxes, depreciation and amortisation.
When compared with its sector peers, Triveni’s valuation metrics present a mixed picture. For instance, EID Parry, another sugar industry constituent, is classified as very expensive with a P/E of 20.04 and an EV/EBITDA of 4.87, while…
