Is CIAN Agro overvalued or undervalued?

As of 16 September 2025, CIAN Agro's valuation grade has moved from attractive to fair, indicating a shift in its perceived value. The company appears to be fairly valued at this time. Key ratios include a PE ratio of 39.68, an EV to EBITDA of 19.87, and a PEG ratio of 0.02, which suggests that while the company is generating earnings, its growth potential may not be fully reflected in its current price.
In comparison to its peers, CIAN Agro's PE ratio is significantly higher than Modi Naturals, which has a PE of 18.14, and M K Proteins at 29.34, both of which are considered very attractive. This suggests that CIAN Agro may be overvalued relative to these peers, despite its fair valuation grade. Additionally, the company's stock has significantly outperformed the Sensex over various periods, with a remarkable 1-year return of 852.74%, reinforcing the notion that the market may be pricing in high expectations for future growth.