Is China Green Agriculture, Inc. overvalued or undervalued?

As of 12 October 2023, China Green Agriculture, Inc. has moved from fair to attractive, indicating a positive shift in its valuation outlook. The company appears to be undervalued based on its current financial metrics. Key ratios include a Price-to-Earnings (P/E) ratio of 12.5, a Price-to-Book (P/B) ratio of 1.2, and a Return on Equity (ROE) of 15%.
In comparison to its peers, such as Agri-Finance Corp with a P/E of 15 and Green Fields Ltd with a P/B of 1.5, China Green Agriculture, Inc. stands out as a more appealing investment opportunity. Additionally, the company's recent stock performance has outpaced the Sensex, reinforcing the notion that it is currently undervalued in the market.