Is Solarium Green overvalued or undervalued?

As of 11 July 2025, the valuation grade for Solarium Green has moved from very expensive to expensive. The company is currently deemed overvalued based on its high PE ratio of 49.35 and an EV to EBITDA ratio of 35.42. Notably, the PEG ratio stands at 0.00, indicating no growth expectations are priced in, which further complicates its valuation.
In comparison to its peers, Solarium Green's PE ratio is significantly lower than NTPC Green Energy's 193.15 and Waaree Energies' 50.2, both of which are classified as very expensive. This suggests that while Solarium Green is still overvalued, it is less so than some of its peers. The company's stock has underperformed the Sensex over the past week, with a return of -1.79% compared to the Sensex's -1.12%, but it has outperformed the index over the past month with a return of 12.91%.