Is Solex Energy overvalued or undervalued?

As of 26 August 2025, Solex Energy's valuation grade has moved from very expensive to fair, indicating a shift in its market positioning. The company appears to be fairly valued at this time. Key ratios supporting this assessment include a PE ratio of 35.47, an EV to EBITDA of 21.62, and a PEG ratio of 0.11, which suggests strong growth potential relative to its price.
In comparison to its peers, Solex Energy's PE ratio is notably lower than Siemens Energy, which has a PE of 121, and ABB, which stands at 59.23, both categorized as very expensive. Another peer, Apar Industries, has a PE of 35.93, also rated as fair, indicating that Solex is competitively positioned within its industry. Despite recent stock performance showing a decline of 10.01% over the past month compared to a slight decrease in the Sensex, the long-term growth of 663.98% over three years highlights its potential for recovery and value creation.