Is Solarium Green overvalued or undervalued?

As of 18 November 2025, Solarium Green's valuation grade has moved from fair to very expensive, indicating a significant shift in its market perception. The company is currently considered overvalued. Key ratios include a PE ratio of 33.51, an EV to EBITDA of 25.47, and a Price to Book Value of 4.12, all of which are elevated compared to industry norms.
In comparison to its peers, Solarium Green's PE ratio is slightly lower than Waaree Energies at 34.95 but significantly higher than Premier Energies, which stands at 37.78. The EV to EBITDA ratio of Solarium Green is also higher than that of Premier Energies, which is at 20.78. This suggests that while Solarium Green is in line with some peers, it is still on the higher end of the valuation spectrum. Recent stock performance shows a 1-week return of 2.31%, outperforming the Sensex's 0.96%, yet the longer-term trends indicate underperformance, reinforcing the view that the stock is overvalued.