Is Indo Rama Synth. overvalued or undervalued?

As of 20 October 2025, the valuation grade for Indo Rama Synth. has moved from fair to expensive. The company is currently considered overvalued based on its financial ratios, including a PE ratio of 24.45, an EV to EBITDA ratio of 12.08, and a PEG ratio of 0.17. These metrics suggest that the stock is priced high relative to its earnings growth potential.
In comparison to its peers, Indo Rama Synth.'s PE ratio is lower than K P R Mill Ltd, which stands at 42.59, but higher than Vardhman Textile, which has a PE of 13.81. Additionally, the company's EV to EBITDA ratio is more favorable than that of K P R Mill Ltd but less favorable than that of Welspun Living, which is at 11.67. Notably, Indo Rama Synth. has outperformed the Sensex significantly in the short term, with a year-to-date return of 66.25% compared to the Sensex's 7.97%.