Is Ganesh Green overvalued or undervalued?

As of 20 October 2025, the valuation grade for Ganesh Green has moved from fair to expensive, indicating a shift in perception regarding its valuation. The company is currently considered overvalued. Key ratios include a PE ratio of 31.61, an EV to EBIT of 23.20, and an EV to EBITDA of 21.37, all of which suggest that the stock is trading at a premium compared to its earnings and cash flow.
In comparison to its peers, Ganesh Green's PE ratio is significantly lower than that of Thermax, which stands at 56.56, and BEML Ltd, at 60.51, both classified as very expensive. This highlights that while Ganesh Green is deemed expensive, it is relatively more attractive than some of its competitors. Additionally, the company's stock has underperformed against the Sensex, with a year-to-date return of -32.61% compared to the Sensex's 9.30%, reinforcing the notion that the stock may be overvalued in the current market context.