Is Proventus Agro overvalued or undervalued?

As of 1 October 2025, the valuation grade for Proventus Agro has moved from attractive to very attractive, indicating a significant improvement in its perceived value. The company appears to be undervalued based on its current metrics. Key ratios include a PE ratio of 51.98, an EV to EBITDA of 36.05, and a ROCE of 7.40%.
In comparison to its peers, Proventus Agro's PE ratio is lower than Hindustan Unilever's 56.02 and Nestle India's 74.75, both of which are considered very expensive. Despite its high PEG ratio of 47.57, which suggests growth expectations, Proventus Agro's valuation remains more favorable than its peers. Additionally, while the stock has underperformed against the Sensex year-to-date with a return of -33.6% compared to the Sensex's 5.04%, the recent one-month return of 20.65% indicates a potential turnaround.