Is India Pesticides overvalued or undervalued?

As of 22 August 2025, the valuation grade for India Pesticides has moved from expensive to fair, indicating a more favorable assessment of its market position. The company is currently fairly valued, with a PE ratio of 26.32, an EV to EBITDA of 18.62, and a PEG ratio of 0.49, suggesting that it is priced reasonably relative to its growth potential.
In comparison to its peers, India Pesticides stands out with a PE ratio that is significantly lower than that of P I Industries at 36.36 and Bayer CropScience at 41.78, both of which are considered very expensive. Additionally, the company’s EV to EBITDA ratio is more competitive compared to UPL, which has a ratio of 35.68 but is categorized as attractive. Notably, India Pesticides has outperformed the Sensex with a year-to-date return of 24.48% compared to the Sensex's 4.05%, reinforcing its valuation narrative.