Is Jubilant Agri overvalued or undervalued?

As of 19 September 2025, the valuation grade for Jubilant Agri has moved from very expensive to expensive. The company is currently considered overvalued. Key ratios include a PE Ratio of 43.52, an EV to EBIT of 30.36, and a Price to Book Value of 11.98.
In comparison to its peers, Jubilant Agri's PE Ratio is significantly lower than Hindustan Unilever's 56.61 and Nestle India's 76.85, both categorized as very expensive. Despite its strong ROCE of 32.86% and ROE of 27.52%, the high valuation metrics suggest that the stock is not a compelling buy at its current price of 2559.00, especially given its recent performance, which has seen a decline of 4.69% over the past week compared to a slight gain in the Sensex.