Is Keltech Energies overvalued or undervalued?

As of 22 May 2025, the valuation grade for Keltech Energies has moved from expensive to fair, indicating a more favorable assessment of its market position. The company is currently fairly valued. Key ratios include a PE Ratio of 17.96, an EV to EBITDA of 12.07, and a PEG Ratio of 0.63, which suggests that the stock is reasonably priced relative to its earnings growth potential.
In comparison to its peers, Keltech Energies stands out with a PE Ratio that is significantly lower than Solar Industries, which has a PE of 123.77, and Godrej Industries, which is valued at 46.63. This positions Keltech favorably in the market, especially given its strong ROCE of 25.47% and ROE of 20.01%. Additionally, Keltech's recent stock performance has outpaced the Sensex, with a year-to-date return of 32.40% compared to the Sensex's 5.61%, reinforcing the notion that the stock is fairly valued.