Is I G Petrochems overvalued or undervalued?

As of 20 August 2025, the valuation grade for I G Petrochems has moved from very attractive to attractive. The company is currently considered undervalued, with a PE ratio of 22.46, an EV to EBITDA ratio of 8.72, and a PEG ratio of 0.40, indicating strong growth potential relative to its price.
In comparison to its peers, I G Petrochems stands out with a significantly lower PE ratio than Solar Industries, which is at 103.73, and Godrej Industries at 43.02, both of which are deemed expensive. Despite the recent stock performance showing a decline of 20.71% year-to-date compared to a 4.76% gain in the Sensex, the company's fundamentals suggest it remains a compelling investment opportunity in the commodity chemicals sector.