Is India Pesticides overvalued or undervalued?

As of 21 July 2025, the valuation grade for India Pesticides has moved from fair to expensive, indicating that the company is currently overvalued. The key ratios reveal a PE ratio of 31.17, an EV to EBITDA of 21.24, and a PEG ratio of 0.81. These figures suggest that while the company has a relatively attractive growth potential compared to its price, the overall valuation appears stretched.
In comparison to its peers, India Pesticides' PE ratio is lower than that of P I Industries at 38.16 and Bayer CropScience at 49.64, both categorized as very expensive. However, it is higher than UPL, which is considered very attractive with a PE ratio of 43.02. Additionally, India Pesticides has outperformed the Sensex in the short term, with a year-to-date return of 24.34% compared to the Sensex's 5.20%. Overall, the analysis indicates that India Pesticides is overvalued in the current market environment.