Is Fineotex Chem overvalued or undervalued?

As of 5 May 2021, the valuation grade for Fineotex Chem has moved from expensive to very expensive. The company is currently considered overvalued based on its financial metrics. Key ratios include a PE ratio of 26.90, an EV to EBITDA of 22.55, and a Price to Book Value of 3.98, which are significantly higher than many of its peers. For instance, Solar Industries has a PE ratio of 123.77 and an EV to EBITDA of 76.22, while Godrej Industries, which is rated attractive, has a PE of 46.63 and an EV to EBITDA of 34.36.
In comparison to its peers, Fineotex Chem's valuation appears excessive, particularly when considering its PEG ratio of 0.00, indicating no growth expectations priced in. The company's recent stock performance has outpaced the Sensex over the past week and month, with returns of 2.64% and 10.40%, respectively, but the year-to-date and one-year returns of -23.23% and -28.82% suggest a troubling trend. Overall, Fineotex Chem is positioned as overvalued in the specialty chemicals sector.