Is Aries Agro overvalued or undervalued?

As of 26 September 2025, Aries Agro's valuation grade has moved from expensive to fair. The company is currently fairly valued, with a PE ratio of 13.71, an EV to EBITDA of 6.59, and a PEG ratio of 0.20. In comparison to its peers, Coromandel International is classified as very expensive with a PE of 32.76, while Chambal Fertilizers is attractive with a PE of 11.9, indicating that Aries Agro is competitively positioned within the industry.
The company's strong return on capital employed (ROCE) of 20.77% and return on equity (ROE) of 11.75% further support its fair valuation. Notably, Aries Agro has outperformed the Sensex significantly over the past year, with a stock return of 46.95% compared to the Sensex's decline of 6.30%, reinforcing the attractiveness of its current valuation.