Is Dharmaj Crop overvalued or undervalued?

As of 17 September 2025, the valuation grade for Dharmaj Crop has moved from fair to attractive, indicating a positive shift in its market perception. The company is currently considered undervalued, with a price-to-earnings (PE) ratio of 21.48, an EV to EBITDA ratio of 12.79, and a PEG ratio of 0.92, which suggests that it is trading at a reasonable valuation relative to its growth prospects.
In comparison to its peers, Dharmaj Crop's PE ratio is significantly lower than UPL's 39.58 and P I Industries' 35.23, both of which are categorized as very expensive. Additionally, its EV to EBITDA ratio is more favorable than that of P I Industries, which stands at 25.15. Despite a recent dip in stock price, with a 1-week return of -3.61% compared to a 1.56% gain in the Sensex, the overall year-to-date performance of 28.69% suggests strong underlying growth potential.