Is Arrow Greentech overvalued or undervalued?

As of 17 November 2025, Arrow Greentech's valuation grade has moved from expensive to very expensive, indicating a significant shift in its perceived market value. The company is currently considered overvalued. Key ratios include a PE ratio of 17.20, an EV to EBITDA of 10.76, and a ROCE of 78.56%.
In comparison to its peers, Arrow Greentech's PE ratio is notably lower than Supreme Industries at 54.4 and Astral at 77.37, both of which are also categorized as very expensive. However, it is worth noting that while Arrow Greentech's valuation appears high, it is still more favorable than Finolex Industries, which is rated fairly with a PE of 24.16. Additionally, Arrow Greentech's recent stock performance has lagged behind the Sensex, with a year-to-date return of -26.47% compared to the Sensex's 8.72%, reinforcing the notion of overvaluation.