Is I G Petrochems overvalued or undervalued?

As of 31 October 2025, the valuation grade for I G Petrochems has moved from attractive to very attractive, indicating a significant improvement in its valuation outlook. The company is currently assessed as undervalued. Key ratios supporting this conclusion include a PE ratio of 21.11, a Price to Book Value of 0.96, and an EV to EBITDA of 8.20, all of which suggest that the stock is trading at a favorable valuation compared to its earnings and asset value.
In comparison to its peers, I G Petrochems stands out with a PEG ratio of 0.38, while competitors such as Solar Industries and Gujarat Fluorochemicals exhibit much higher valuations with PE ratios of 99.81 and 66.08, respectively. This stark contrast reinforces the notion that I G Petrochems is undervalued in its sector. Despite recent underperformance against the Sensex, with a year-to-date return of -25.45% compared to the Sensex's 7.42%, the company's strong fundamentals and attractive valuation metrics position it well for future growth.