Is Astral the Best Stock in Its Sector? A Look at the Numbers
- October 13, 2026
- Posted by: Neeraj Pandey
- Category: Market
Astral CMP Rs 1,428 (12 Oct 2026). Market cap Rs 37,775 Cr. ROE 13.18%. P/E 65.61x versus Industry P/E 35.79x.
Quick Answer
Astral is one of the names investors compare when screening the Plastic Products sector, built on a 13.18% return on equity and a P/E of 65.61x against an Industry P/E of 35.79x. Whether Astral is the best stock in its sector depends on whether an investor is optimising for return ratios, valuation, or both. This article breaks down the metrics, including a comparison against named Plastic Products sector peers, so you can judge that for yourself.
Is Astral the best stock in its sector? The stock trades on the NSE at Rs 1,428 as of 12 October 2026, within its 52-week range of Rs 1,311.60 to Rs 1,768.70. Astral Ltd, headquartered in Ahmedabad, makes plastic piping systems, adhesives and related building products for plumbing and construction.
Astral sits in the Plastic Products sector, and its 13.18% ROE and 65.61x P/E give a starting point for judging where it stands against comparable listed names. The rest of this article compares those numbers against verified peers and the sector’s Industry P/E benchmark.
Also read – Is Abbott India the Best Stock in Its Sector? A Look at the Numbers
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About Astral
Astral Ltd, headquartered in Ahmedabad, makes plastic piping systems, adhesives and related building products for plumbing and construction. Piping systems for plumbing are its core category. The stock trades about 19 percent below its 52-week high and about 9 percent above its 52-week low. At a market capitalisation of Rs 37,775 Cr, it is tracked as part of the Plastic Products sector on Univest.
Is Astral the Best Stock in Its Sector?
Astral’s case rests on a clean balance sheet rather than on cheap valuation, with a 13.18% ROE. Its 65.61x P/E is far above the 35.79x Industry P/E, and a 9.31 P/B means the premium depends on future growth rather than current returns.
| Metric | Astral |
|---|---|
| CMP (NSE) | Rs 1,428.00 |
| 52-Week High / Low | Rs 1,768.70 / Rs 1,311.60 |
| Market Cap | Rs 37,775 Cr |
| P/E (TTM) vs Industry P/E | 65.61x vs 35.79x |
| P/B | 9.31 |
| ROE | 13.18% |
| EPS (TTM) | Rs 21.43 |
| Dividend Yield | 0.18% |
| Debt to Equity | 0.06 |
Compare Astral Against Other Plastic Products Sector Stocks
How Astral Compares Against Its Plastic Products Sector Peers
The table below sets Astral against 2 other Plastic Products sector names, using the same live data source for every company. A peer average row is included for P/E, ROE and debt to equity, calculated across the 2 peer companies.
| Company | Market Cap (Rs Cr) | P/E | ROE | Debt to Equity |
|---|---|---|---|---|
| Astral | 37,775 | 65.61 | 13.18% | 0.06 |
| Supreme Industries | 44,142 | 42.76 | 15.46% | 0.01 |
| Finolex Industries | 9,372 | 15.23 | 9.64% | 0.07 |
| Peer average (2 companies) | – | 28.99 | 12.55% | 0.04 |
Against this peer set, Astral’s 13.18% ROE is above the 12.55% peer average, and its P/E of 65.61x runs above the peer average of 28.99x. Its 65.61x P/E is far above the 35.79x Industry P/E, and a 9.31 P/B means the premium depends on future growth rather than current returns.
What Makes Astral Worth Watching in Plastic Products
- Low leverage: A debt to equity ratio of 0.06 leaves the balance sheet very clean.
- Rich valuation: A 65.61x P/E against a 35.79x Industry P/E is the highest in the plastic products peer set shown here.
- Moderate returns: A 13.18% ROE is lower than Supreme Industries’ 15.46% in the peer table.
Astral Valuation: Is It Justified?
Its 65.61x P/E is far above the 35.79x Industry P/E, and a 9.31 P/B means the premium depends on future growth rather than current returns. As with any single stock, investors should weigh this against their own valuation discipline and risk appetite rather than the sector label alone.
Also read – Is Lupin the Best Stock in Its Sector? A Look at the Numbers
Download the Univest iOS App or Univest Android App to track Astral and other Plastic Products sector stocks.
How to Track Astral Before You Invest
Before deciding whether Astral deserves its label as the best stock in its sector for your own portfolio, compare it directly against Plastic Products sector peers using the steps below.
- Open the Univest Screener and search for Astral to view live price, valuation ratios, and peer comparisons within the Plastic Products sector.
- Compare its P/E, P/B, and ROE against other Plastic Products sector stocks before deciding if the current valuation fits your strategy.
- Set a price alert around key support and resistance zones using the Univest app so you are notified of meaningful moves.
- Open a broking account on Univest if you decide to add the stock, and size the position based on your own risk appetite and portfolio allocation.
Conclusion
Astral earns a place in the best stock in its sector conversation on the strength of a 13.18% ROE and a P/E of 65.61x against a 35.79x Industry P/E, with named peer comparisons in this article backing up that picture. As with any individual stock decision, this analysis is educational and investors should do their own research or consult a SEBI-registered advisor before investing.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Is Astral the best stock in its sector?
Ans. Astral has a 13.18% ROE and trades at 65.61x P/E against a 35.79x Industry P/E, and compares above the peer average ROE of 12.55% in this article’s named comparison, so the answer depends on what an investor is prioritising.
What is the current share price of Astral?
Ans. Astral was trading at Rs 1,428.00 on the NSE as of 12 October 2026, within its 52-week range of Rs 1,311.60 to Rs 1,768.70.
What sector does Astral belong to?
Ans. Astral is classified under the Plastic Products sector on Univest.
How does Astral compare to its sector peers on P/E?
Ans. Astral’s P/E of 65.61x is above the 28.99x average of the 2 named peers compared in this article.
What is Astral’s return on equity?
Ans. Astral reported a return on equity of 13.18%, which is above the 12.55% average of its named peers in this comparison.
Should I invest in Astral based on its sector position?
Ans. Astral’s sector position and metrics make it worth researching further, but any investment decision should factor in your own risk appetite, its valuation relative to peers, and independent research or advice from a SEBI-registered advisor.
