Is Modi Naturals overvalued or undervalued?

As of 17 November 2025, Modi Naturals has moved from a very attractive to an attractive valuation grade. The company appears to be undervalued based on its current metrics. The PE ratio stands at 15.56, while the EV to EBITDA ratio is 11.45 and the PEG ratio is notably low at 0.13, indicating strong growth potential relative to its price.
In comparison to its peers, Modi Naturals is positioned favorably against Manorama Industries, which is considered expensive with a PE ratio of 45.17, and CIAN Agro, which is also attractive with a PE of 32.47. The company's return over the last year is modest at 2.62%, compared to the Sensex's 9.50%, but its impressive 5-year return of 768.20% suggests strong long-term performance. Overall, the valuation metrics and peer comparisons indicate that Modi Naturals is currently undervalued.