Is India Gelatine overvalued or undervalued?

As of 4 November 2025, the valuation grade for India Gelatine has moved from attractive to fair. The company is currently fairly valued, with a PE ratio of 11.70, an EV to EBITDA of 8.27, and a Price to Book Value of 1.33. When compared to peers, Solar Industries is very expensive with a PE ratio of 97.69, while Godrej Industries is attractive with a PE of 36.97, highlighting India Gelatine's relatively moderate valuation in the specialty chemicals sector.
Despite its fair valuation, India Gelatine has underperformed the Sensex recently, with a year-to-date return of -18.38% compared to the Sensex's 6.81%. This underperformance, along with a PEG ratio of 0.00, suggests that while the company is currently fairly valued, there may be concerns regarding future growth prospects that investors should consider.