Is Nexxus Petro overvalued or undervalued?

As of 9 September 2025, Nexxus Petro's valuation grade has moved from very expensive to expensive, indicating a slight improvement in its perceived value. The company is currently considered overvalued. Key ratios include a PE ratio of 14.61, an EV to EBITDA of 9.25, and a ROCE of 22.04%.
In comparison to peers, Agarwal Industrial has a PE ratio of 14.49 and an EV to EBITDA of 9.25, while Manali Petrochem shows a significantly higher PE ratio of 37.63, reflecting its very expensive valuation status. Notably, Nexxus Petro's stock has underperformed relative to the Sensex over the past week and month, with returns of -5.19% and -7.58%, respectively, while the Sensex has shown positive returns.