Is Rallis India overvalued or undervalued?

As of 9 July 2025, Rallis India has moved from an expensive to a fair valuation grade. The company is currently fairly valued based on its financial metrics. Key ratios include a PE ratio of 49.38, an EV to EBITDA of 19.88, and a ROCE of 14.05%.
In comparison with peers, Rallis India’s PE ratio is higher than UPL's 40.13 but lower than Bayer CropScience's 50.99, indicating a competitive position within the industry. While Rallis India has a PEG ratio of 0.00, suggesting no growth expectations priced in, its dividend yield of 0.79% provides some return to shareholders. Recent stock performance shows a decline of 7.16% over the past year, contrasting with a 3.96% gain in the Sensex, which may indicate market concerns despite the fair valuation.