Is Sharda Cropchem overvalued or undervalued?

As of 25 July 2025, Sharda Cropchem's valuation grade has moved from attractive to fair, indicating a shift in its perceived market value. The company is currently fairly valued, with a PE ratio of 23.38, an EV to EBITDA of 12.87, and a PEG ratio of 0.13. In comparison to its peers, P I Industries is considered very expensive with a PE ratio of 37.48, while UPL is very attractive with a significantly higher PE ratio of 43.6.
Given the current valuation metrics and the performance against peers, Sharda Cropchem appears to be fairly valued in the pesticides and agrochemicals sector. The company's recent stock performance has outpaced the Sensex, with a year-to-date return of 37.33% compared to the Sensex's 4.25%, reinforcing the notion that it is positioned well within its market despite the grade change.