Is Indo Rama Synth. overvalued or undervalued?

As of 9 July 2025, the valuation grade for Indo Rama Synth. has moved from attractive to fair, indicating a shift in its perceived value. The company is currently fairly valued, with a PE ratio of 970.22, a Price to Book Value of 3.69, and an EV to EBITDA ratio of 13.81. These ratios suggest that while the company is not undervalued, it is also not positioned as a strong investment opportunity at this time.
In comparison to its peers, Indo Rama Synth. has a significantly higher PE ratio than K P R Mill Ltd, which stands at 50.17, and Trident, which has a PE of 44.52. This stark difference highlights that Indo Rama Synth. is perceived as less attractive relative to its competition despite its fair valuation. Additionally, the company's recent stock performance has outpaced the Sensex in the short term, with a 1-week return of 7.68% compared to the Sensex's 0.15%, but it has underperformed over longer periods, such as the 3-year return of -20.34% versus the Sensex's 53.33%.