Responsive Industries Adjusts Valuation Grade Amidst Competitive Market Landscape

Responsive Industries, a midcap player in the plastic products sector, has recently undergone a valuation adjustment, reflecting its financial metrics and market positioning. The company's price-to-earnings ratio stands at 27.90, while its price-to-book value is noted at 4.30. Additionally, the enterprise value to EBITDA ratio is recorded at 19.39, indicating a robust valuation framework.
In terms of profitability, Responsive Industries showcases a return on capital employed (ROCE) of 14.64% and a return on equity (ROE) of 15.25%, which are significant indicators of its operational efficiency. The company's PEG ratio is 0.70, suggesting a favorable growth outlook relative to its earnings.

When compared to its peers, Responsive Industries is positioned distinctly within the market. While it is classified as very expensive, competitors like Finolex Industries and Time Technoplast are rated differently, with their respective valuation metrics reflecting a more moderate stance. This contrast highlights the varying financial health and market strategies among companies in the plastic products industry.

Overall, the evaluation revision for Responsive Industries underscores its competitive standing and financial performance amidst a diverse peer landscape.