Is I G Petrochems overvalued or undervalued?

As of 26 June 2025, I G Petrochems has moved from an attractive to a fair valuation grade. The company is currently fairly valued based on its financial metrics. Key ratios include a PE ratio of 13.26, an EV to EBITDA of 6.59, and a PEG ratio of 0.08, indicating that the stock may be priced reasonably in relation to its earnings growth potential.
In comparison to peers, I G Petrochems' valuation appears more favorable than companies like Solar Industries, which is deemed very expensive with a PE of 129.14, and Godrej Industries, which is attractive with a PE of 42.83. Despite the fair valuation, the company has underperformed the Sensex significantly over the past year, with a stock return of -22.33% compared to the Sensex's 6.46% return, suggesting potential headwinds that investors should consider.