Is Solarium Green overvalued or undervalued?

As of 17 October 2025, the valuation grade for Solarium Green has moved from expensive to fair, indicating a shift in market perception. The company is currently fairly valued based on its financial metrics. Key ratios include a PE ratio of 36.57, an EV to EBIT of 26.84, and a ROCE of 18.87%.
In comparison to its peers, Solarium Green's PE ratio is slightly lower than Waaree Energies at 37.64 and significantly lower than NTPC Green Energy, which has a PE of 172.11. This suggests that while Solarium Green is fairly valued, it remains competitive against some of its more expensive peers. Additionally, the stock has underperformed relative to the Sensex over the past week and month, which may further support the notion of it being fairly valued in the current market context.