Is Citichem India overvalued or undervalued?

As of 28 August 2025, Citichem India has moved from a fair to very attractive valuation grade, indicating a significant improvement in its perceived value. The company is currently considered undervalued, especially when compared to its peers. Key ratios include a PE ratio of 15.94, an EV to EBITDA of 12.40, and a ROCE of 20.81%, which suggest strong operational efficiency and profitability.
In comparison to its peers, Citichem India stands out with a much lower PE ratio than Solar Industries, which has a PE of 99.06, and Godrej Industries at 41.86. The PEG ratio for Citichem is notably at 0.00, indicating potential for growth at a reasonable price, while its EV to Sales ratio of 0.37 further emphasizes its undervaluation relative to the industry. Despite a recent decline in stock performance against the Sensex, Citichem India's valuation metrics suggest it is well-positioned for future growth.