Is Dollex Agrotech overvalued or undervalued?

As of 23 September 2025, Dollex Agrotech's valuation grade has moved from fair to expensive, indicating a shift towards overvaluation. The company is currently assessed as overvalued based on its key financial ratios, including a PE ratio of 20.41, an EV to EBITDA of 20.32, and a Price to Book Value of 2.62.
In comparison to its peers, Dollex Agrotech's valuation appears less favorable; for instance, Coromandel International has a significantly higher PE ratio of 33.48, while Chambal Fertilizers, which is rated attractive, boasts a much lower PE of 12.31. This suggests that Dollex Agrotech is not only overvalued but also lacks the competitive edge seen in some of its peers. Despite a recent positive stock return of 10.73% year-to-date compared to the Sensex's 6.45%, the overall valuation metrics indicate that Dollex Agrotech is not a compelling investment at its current price of 42.30.