Is I G Petrochems overvalued or undervalued?

As of 3 November 2025, the valuation grade for I G Petrochems has moved from very attractive to attractive. The company is currently assessed as undervalued. Key ratios include a PE ratio of 21.22, an EV to EBITDA of 8.24, and a PEG ratio of 0.38, indicating strong growth potential relative to its price.
When compared to peers, I G Petrochems stands out with a significantly lower PE ratio than Solar Industries at 101.49 and Gujarat Fluoroch at 65.46, both of which are considered very expensive. Additionally, Godrej Industries, which is also rated attractive, has a PE ratio of 37.65, further supporting the notion that I G Petrochems is undervalued. Despite recent underperformance against the Sensex, particularly over the past year with a decline of 27.65% compared to the Sensex's 5.34% increase, the company's fundamentals suggest a more favorable valuation relative to its peers.