Is I G Petrochems overvalued or undervalued?

As of 18 July 2025, the valuation grade for I G Petrochems has moved from fair to expensive, indicating a shift in its perceived value. The company is currently considered overvalued. Key ratios include a PE ratio of 14.37, an EV to EBITDA of 7.14, and a Price to Book Value of 1.17, which suggest that the stock is trading at a premium compared to its earnings and book value.
In comparison to its peers, I G Petrochems' valuation appears less favorable. For instance, Godrej Industries, which is rated attractive, has a significantly higher PE ratio of 39.68, while other peers like Solar Industries and Gujarat Fluoroch are deemed very expensive with PE ratios of 111.48 and 70.17, respectively. Despite a recent uptick in stock price, I G Petrochems has underperformed against the Sensex over the past year, with a return of -14.36% compared to the Sensex's 0.51%.