Is Polysil Irrigati overvalued or undervalued?

As of 22 September 2025, the valuation grade for Polysil Irrigati has moved from risky to does not qualify, indicating a significant shift in its assessment. The company is currently overvalued, with a PE ratio of 242.01, a Price to Book Value of 24.19, and an EV to EBITDA of 92.98, all of which are substantially higher than its peers. For comparison, Supreme Industries has a PE ratio of 62.35 and Finolex Industries stands at 33.78, both suggesting that Polysil Irrigati's valuation is not justified relative to its competitors.
Additionally, the company's recent stock performance has been remarkable, with a year-to-date return of 719.68%, significantly outperforming the Sensex's 6.59% during the same period. However, despite this impressive return, the fundamental ratios indicate that Polysil Irrigati is not a sound investment at its current price of 227.05, reinforcing the conclusion that it is overvalued in the market.