Is Proventus Agro overvalued or undervalued?

As of 3 October 2025, Proventus Agro's valuation grade has moved from very attractive to attractive, indicating a shift in market perception. The company appears to be overvalued at its current price of 1163.00, especially when considering its high PE ratio of 54.46 and EV to EBITDA ratio of 37.83. Additionally, the PEG ratio stands at 49.85, suggesting that the stock is priced significantly higher relative to its expected growth.
In comparison to its peers, Proventus Agro's PE ratio is lower than Hindustan Unilever's 56.03 and Nestle India's 74.83, both categorized as very expensive. However, the overall valuation metrics indicate that Proventus Agro is still on the higher side compared to the industry standards, making it less attractive for new investments. Notably, the stock has underperformed against the Sensex, with a year-to-date return of -30.43% compared to the Sensex's 5.28%, reinforcing the notion that the stock may be overvalued in the current market environment.