Is India Glycols overvalued or undervalued?

As of 8 August 2025, India Glycols has moved from a fair to an expensive valuation grade. The company is currently considered overvalued. Key ratios include a PE ratio of 22.10, an EV to EBITDA of 13.46, and a PEG ratio of 0.65, which suggests that while the growth potential may be appealing, the current price does not justify the earnings relative to its peers.
In comparison to its peers, India Glycols' PE ratio is significantly lower than Solar Industries, which has a PE of 103.57, and Gujarat Fluoroch at 61.32, both categorized as very expensive. This indicates that while India Glycols is overvalued, it is relatively more attractive compared to the highest-valued peers. Additionally, the company has shown strong performance with a 1-year return of 47.65%, significantly outperforming the Sensex's return of 1.23%, reinforcing the notion that the stock may be trading at a premium despite its recent price adjustments.