Is Chembond Materi. overvalued or undervalued?

As of 8 August 2025, the valuation grade for Chembond Materials has moved from very attractive to attractive, indicating a shift in perceived value. The company is currently fairly valued. Key ratios include a PE ratio of 10.42, an EV to EBITDA of 8.62, and a ROCE of 16.85%.
In comparison to its peers, Chembond's PE ratio is significantly lower than that of Solar Industries, which has a PE of 103.57, and Gujarat Fluoroch at 61.32, both categorized as very expensive. In contrast, Godrej Industries, also rated as attractive, has a PE of 37.72. Despite recent stock performance showing a substantial decline year-to-date at -69.76% compared to the Sensex's 2.20%, the valuation metrics suggest that Chembond Materials remains a viable investment option within its industry.