Is I G Petrochems overvalued or undervalued?

As of 6 November 2025, the valuation grade for I G Petrochems has moved from fair to very expensive. The company is currently considered overvalued based on its financial metrics. Key ratios include a PE ratio of 37.89, an EV to EBITDA of 12.07, and a Price to Book Value of 0.09, which suggest a high valuation relative to its earnings and asset base.
In comparison to its peers, I G Petrochems' PE ratio is lower than Solar Industries at 96.43 and Gujarat Fluoroch at 64.07, but it is higher than Godrej Industries, which has a PE of 36.15 and is rated attractive. The company's recent stock performance has been poor, with a year-to-date return of -28.32%, contrasting sharply with the Sensex's gain of 6.62% during the same period, reinforcing the notion that the stock is overvalued in the current market context.