Is N G Industries overvalued or undervalued?

As of 22 September 2025, the valuation grade for N G Industries has moved from very attractive to attractive. The company is currently fairly valued. Key ratios include a PE ratio of 6.82, a Price to Book Value of 1.22, and an EV to EBITDA of 26.56. In comparison to peers, N G Industries has a significantly lower PE ratio than Max Healthcare, which stands at 94.6, and is also lower than Apollo Hospitals at 70.79, indicating that N G Industries is priced more favorably relative to its earnings. Despite the recent decline in stock performance, with a year-to-date return of -17.69% compared to the Sensex's 5.15%, the company's fundamentals suggest it remains an attractive investment in the healthcare services sector. The PEG ratio of 0.06 further emphasizes its growth potential relative to its current valuation, reinforcing the view that N G Industries is fairly valued amidst a challenging market environment.