Is Agni Green overvalued or undervalued?

As of 18 September 2025, Agni Green's valuation grade has moved from expensive to very expensive, indicating a significant shift in its perceived market value. The company is currently overvalued, with a PE ratio of 59.29, an EV to EBITDA ratio of 25.12, and a PEG ratio of 0.90. These figures suggest that investors are paying a premium for the stock relative to its earnings growth potential.
In comparison to its peers, Agni Green's valuation stands out starkly; for instance, NTPC, which is rated attractive, has a PE ratio of just 13.64, while Adani Green, also very expensive, has a PE ratio of 81.54. This stark contrast highlights Agni Green's overvaluation in the current market. Additionally, the company's recent stock performance has been underwhelming, with a year-to-date return of -22.94%, significantly lagging behind the Sensex's 7.52% return during the same period, further reinforcing the notion of overvaluation.