Is Ganesh Green overvalued or undervalued?

As of 23 October 2025, Ganesh Green's valuation grade has moved from expensive to fair, indicating a more favorable assessment of its market position. The company is currently fairly valued, with a PE ratio of 30.60, an EV to EBITDA of 20.68, and a ROE of 14.88%. In comparison to its peers, Ganesh Green's PE ratio is significantly lower than that of Thermax, which stands at 56.6, and BEML Ltd, at 61.28, both categorized as expensive.
Despite the recent stock performance showing a decline of 34.77% year-to-date compared to a 9.50% gain in the Sensex, the valuation metrics suggest that Ganesh Green is positioned reasonably within its industry. The PEG ratio of 0.00 indicates potential for growth, although the lack of dividend yield may concern some investors. Overall, the analysis suggests that Ganesh Green is fairly valued in the current market context.