Is Solarium Green overvalued or undervalued?

As of 10 October 2025, the valuation grade for Solarium Green has moved from fair to expensive, indicating that the company is currently overvalued. The key ratios supporting this assessment include a PE ratio of 38.65, an EV to EBITDA ratio of 27.40, and a Price to Book Value of 5.08. Comparatively, peers such as Waaree Energies and NTPC Green Energy are also classified as very expensive, with PE ratios of 43.15 and 171.52, respectively, further highlighting the premium at which Solarium Green is trading.
Given these metrics, Solarium Green appears overvalued in the current market context. The company's recent stock performance has outpaced the Sensex over the past week, returning 2.59% compared to the Sensex's 1.59%, but this short-term gain does not mitigate the overall valuation concerns.