Is Solarium Green overvalued or undervalued?

As of 10 October 2025, the valuation grade for Solarium Green has moved from fair to expensive, indicating a shift in perception regarding its market value. The company is currently considered overvalued. Key ratios include a PE ratio of 38.65, an EV to EBITDA of 27.40, and a Price to Book Value of 5.08, which are significantly higher than many of its peers.
In comparison to its industry peers, Solarium Green's PE ratio of 38.65 is lower than Waaree Energies at 43.15 and NTPC Green Energy at 171.52, but still reflects an expensive valuation. The EV to EBITDA ratio of 27.40 is also higher than the industry average, reinforcing the notion of overvaluation. Notably, the company's recent stock performance has outpaced the Sensex over the past week, with a return of 2.59% compared to the Sensex's 1.59%, but this does not mitigate the overall valuation concerns.