Is Sanofi India overvalued or undervalued?

As of 26 August 2025, the valuation grade for Sanofi India has moved from expensive to fair. Based on the analysis, the company is currently fairly valued. Key ratios include a PE ratio of 33.02, an EV to EBITDA of 22.78, and a ROE of 41.43%.
In comparison to its peers, Sanofi India's PE ratio is slightly lower than Sun Pharma's at 33.48, while it is significantly more favorable than Divi's Lab, which stands at 71.33. Additionally, the PEG ratio for Sanofi is 0.00, indicating a potential for growth relative to its price. Notably, the stock has underperformed against the Sensex over various time frames, with a year-to-date return of -16.18% compared to the Sensex's 3.39%, reinforcing the view that it is fairly valued in the current market context.