Is Jain Irrigation overvalued or undervalued?

As of 3 November 2025, Jain Irrigation's valuation grade has moved from attractive to very attractive, indicating a positive shift in its perceived value. The company is currently considered undervalued. Key ratios include a PE ratio of 61.66, an EV to EBITDA of 40.14, and a Price to Book Value of 0.06, which suggests that the market is not fully recognizing the company's potential compared to its assets.
In comparison to its peers, Jain Irrigation's valuation metrics stand out, particularly against Krishival Foods, which has a significantly higher PE ratio of 81.51, and Indo US Bio-Tech, which is valued at a PE of 15.44. This highlights Jain Irrigation's relative attractiveness in the market. Additionally, while the company's recent stock performance has lagged behind the Sensex on a year-to-date basis, it has shown strong returns over a five-year period, outperforming the index significantly.