Is India Gelatine overvalued or undervalued?

As of 17 October 2025, India Gelatine's valuation grade has moved from fair to attractive, indicating a more favorable assessment of its worth. The company is currently deemed undervalued, supported by a PE ratio of 11.93, an EV to EBITDA of 8.46, and a PEG ratio of 0.00, which suggests that the stock is trading at a significant discount relative to its earnings growth potential.
In comparison to its peers, India Gelatine stands out with a much lower PE ratio than Solar Industries, which is very expensive at 100.67, and Gujarat Fluoroch, also very expensive at 65.14. Additionally, Godrej Industries, classified as attractive, has a PE ratio of 36.08, further emphasizing India Gelatine's relative undervaluation. Despite recent underperformance against the Sensex, with a year-to-date return of -16.80% compared to the Sensex's 7.44%, the long-term outlook remains positive, as evidenced by a remarkable 3-year return of 88.80%.