Is CIAN Agro overvalued or undervalued?

As of 1 July 2025, the valuation grade for CIAN Agro has moved from very attractive to attractive, indicating a shift in perception regarding its valuation. The company is currently considered overvalued based on its financial metrics. Key ratios include a PE ratio of 31.28, an EV to EBITDA of 18.19, and a PEG ratio of 0.04, which suggests that while growth expectations are high, the current price may not be justified by earnings growth potential.
In comparison to its peers, CIAN Agro's PE ratio is significantly higher than that of Modi Naturals at 22.37 and lower than Manorama Industries, which is deemed very expensive at 78.28. The EV to EBITDA ratio also positions CIAN Agro less favorably than Modi Naturals, which stands at 15.00. Despite a remarkable 1-year stock return of 1015.15%, the recent performance against the Sensex, with a YTD decline of 11.37% compared to the Sensex's 7.11% gain, reinforces the notion that CIAN Agro may be overvalued in the current market context.