Is Jain Irrigation overvalued or undervalued?

As of 17 September 2025, Jain Irrigation's valuation grade has moved from attractive to very attractive, indicating a significant improvement in its perceived value. The company is currently considered undervalued, especially when analyzing its key ratios. The PE ratio stands at 120.56, while the EV to EBITDA ratio is 10.79, and the Price to Book Value is notably low at 0.73, suggesting that the stock may be undervalued relative to its assets.
In comparison to its peers, Jain Irrigation's valuation appears favorable. For instance, Krishival Foods is rated as very expensive with a PE of 76.08, and Indo US Bio-Tech has a fair rating with a PE of 16.02. Additionally, the company's recent stock performance has outpaced the Sensex, with a 1-week return of 10.26% compared to the Sensex's 1.56%, reinforcing the notion that Jain Irrigation is currently undervalued in the market.